17 Jul 2012 | 01:05 pm | 1 min. read
International law firm Pinsent Masons has advised Miller Cromdale on the pre-letting of a new 40,000 sq ft headquarters building in Aberdeen to oil and gas production company GDF Suez E&P UK Ltd.
GDF Suez E&P UK Ltd has agreed a 15 year lease of the building which underlines the company's commitment to North Sea exploration and production. The five storey Grade A office building will accommodate up to 200 people and will consolidate the three current GDF Suez sites in Aberdeen.
Established in 2000, Miller Cromdale is a joint venture partnership between Miller Developments and Aberdeen based property development company, Cromdale Ltd.
Pinsent Masons has acted for Miller Cromdale since 2008 and was represented by senior associates Martin Devin of the Property team and Powan McDaid of the Engineering Procurement and Construction division.
Martin Devine said: "Securing a pre-let of this scale with a company like GDF Suez E&P UK Ltd in the current market is great news for Miller Cromdale. It is very welcome to see developers like Miller Cromdale developing again and the undertaking by GDF Suez E&P UK Ltd is significant. We think this is an indicator of the current strength of the Aberdeen commercial property market and is hopefully also a positive sign that the wider Scottish market is on the road to recovery."
Miller Cromdale development director, Pamela Grant, said: "We have enjoyed a strong presence in Aberdeen for over 12 years with more than 350,000 sq ft developed and this latest success further illustrates our status in the Aberdeen market. Our involvement in the overall regeneration of the North Dee Business Quarter has transformed it into the major city centre office location and with further detailed consent for more than 250,000 sq ft in the area we look forward to further developments in the near future."
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
Multinational law firm Pinsent Masons has appointed pensions partner Anna Taylor, to join the firm’s Finance and Projects team in London.
Multinational law firm Pinsent Masons has advised leading energy data provider IMServ on its acquisition of global energy technology business Astral Tech.
Multinational law firm Pinsent Masons has today announced its latest round of partner promotions, with 24 set to join its global partnership on 1 May.
Multinational law firm Pinsent Masons has advised Australian heavy machinery manufacturer Elphinstone Group on its proposed takeover bid for Engenco Limited, a provider of sustainable transportation products.
Multinational law firm Pinsent Masons is continuing its expansion in Asia Pacific having received government approval to open our third office in mainland China.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]