New tenant completes Marischal Square deal

International creative working environment provider Spaces has become the latest occupier to sign-up at Marischal Square.

Spaces, which is taking 26,400 sq ft on the first floor of the 1MSq building, offers a variety of flexible workspace solutions to suit the needs of small businesses, including a full calendar of business events, speakers and networking lunches, which will enhance the range of options available at the development.

The firm becomes the 11th major organisation to take space at Marischal Square and will join RBS, Aberdeen Journals, NHS National Services Scotland, Tenaris, Mackie’s, All Bar One, Prezzo, Costa, Tony Macaroni and Marriott International on site.

Aberdeen City Council Co-Leader Councillor Jenny Laing said: “The steady flow of tenants choosing Marischal Square demonstrates the appeal and advantages to business of being part of such a major regenerative project.

“Business leaders can see the quality of the buildings and the amenities Marischal Square has to offer and they understand that their colleagues can benefit from a vibrant working environment.

“Spaces will attract a diverse range of dynamic and forward-thinking small businesses to the area and further enhance the business community in this part of the city.”

Richard Morris, UK CEO of Spaces, said: “Demand for flexible office space is growing rapidly – our research shows that 53% of professionals globally now work remotely for at least half their working week and 30% of corporate real estate portfolios could be flexible workspace by 2030.

“People are recognising that they are far more productive and successful in a dynamic working environment, while businesses are waking up to the financial and strategic benefits. Spaces offers a new type of workspace for companies and individuals looking for a place to work flexibly and be inspired by other like-minded people.

“We are delighted to be opening this new site in Aberdeen. This offers the best of what the city has to offer to businesses and local entrepreneurs, with plenty to do both within the Marischal Square development and outside of the office.”

Stephen Turner, regional director, Scotland, at Muse Developments said: “Adding a multi-national market leader such as Spaces to the portfolio of businesses at Marischal Square, illustrates the development’s high quality.

“Spaces brings real opportunity for clients who wish to establish themselves in the heart of the city. As businesses choose more flexible ways of working, Marischal Square can offer space the space they need, tailored to their requirements.”

Marischal Square has been developed in partnership by Muse Developments, Aberdeen City Council and Aviva Investors.