Fintech group Nucleus Financial moving to new Edinburgh HQ
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The agreement with property developer Chris Stewart Group (CSG) will see the firm take occupancy of the second floor and part of the third floor on a ten-year lease, commencing in November. Nucleus will relocate its 180 or so staff from its current base in the city centre.
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CSG is in the process of redeveloping the building, which provides 38,000 square feet of office accommodation over five floors and was built in 1988 as a computer centre for Scottish Equitable. The fit out, by GHI Contracts, has seen back-up generators and chiller plant rooms being stripped out. High ceilings have been created by removing suspended ceilings.
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Hide AdNucleus founder and chief executive, David Ferguson, said: “Greenside looks like being a world-class facility and is certainly in the happening end of town – we’ll be sorry to leave Thistle Street Lane but this move should encourage us to up the pace and accelerate us in the direction of £40 billion or £50bn of assets under management.”
CSG boss Chris Stewart added: “We are delighted to have agreed terms with Nucleus for the lease at Greenside. Having shared our vision for the building, we look forward to welcoming them this year.”