Law firm and energy group take prelets at M&G’s Haymarket Edinburgh

M&G Real Estate and developer Qmile Group have agreed new prelets at their Haymarket One site at the £350m Haymarket Edinburgh development. Law firm Shepherd and Wedderburn is taking 29,461 sq ft, while oil and gas company Cairn Energy has signed for 32,722 sq ft. These deals follow a 280,000 sq ft prelet at Haymarket Three to Baillie Gifford for its new headquarters. In total, Haymarket Edinburgh will comprise 380,000 sq ft of grade-A office space over three buildings. Aaron Pope, asset management director at M&G Real Estate, said: “As major investors and employers in Edinburgh, M&G saw an opportunity to regenerate this derelict part of the city, which culminated in the purchase of the site in 2018 on behalf of Prudential’s 5m policyholders.” Paul Curran, chief executive of Qmile Group, added that the new prelets “reflect the desire of blue-chip businesses to be in the highest-quality, most sustainable office space”. To send feedback, e-mail tim.burke@eg.co.uk or tweet @_tim_burke or @EGPropertyNews Image from M&G