Dandara to build Office HQ in AberdeenJune 2015
Altum Capital has entered into a development agreement with Dandara to build a 70,000 sq ft office headquarters at City South Business Park in Aberdeen.
The venture has already achieved pre-let for the entire building to one of the world’s leading drilling and engineering contractors KCA Deutag, on a 20-year lease, at a rent of £21.50 per sq ft.
Scott Nicol of Altum Capital comments, “This is a significant pre-letting for the Aberdeen office market and we look forward to working with Dandara to deliver a first rate corporate headquarters.”
Trident Building Consultancy has been appointed as project monitor. Ereira Mendoza acted for Altum Capital.
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