European property company, Kennedy Wilson Europe Real Estate (“KWE”), is set to launch the landmark Hill of Rubislaw as a key business hub for Aberdeen following a £7million investment.
The Hill of Rubislaw is situated in Aberdeen’s prominent West End and is already home to a number of high profile companies including AMEC Foster Wheeler, Chevron, ConocoPhillips and Marathon Oil.
The project will reposition the Hill to appeal to a range of different companies looking for an exciting new home to grow their business. Set to be completed in June 2016, the refurbishment of H1 will see the unveiling of a new highly specified multi-function reception lobby and the significant upgrade of over 30,000 sq ft of office space to a Grade A standard, with the introduction of new air conditioning, new raised access floors and state of the art LED lighting.
The new H1 will provide occupier flexibility through a variety of office sizes. In addition, H1 will provide communal working space through an exciting new business networking hub. ‘The Hub at the Hill’ will offer state of the art touch down workbenches, informal meeting space and free wi-fi. Together with The Hub, KWE will create a cafe with internal and external seating areas, available to customers at the Hill and city-wide.
The project has been undertaken using local companies including Bancon Construction, architects Halliday Fraser Munro, quantity surveyors McLeod and Aitken and structural engineers, Fairhurst.
Mike Pegler, head of UK Asset Management at Kennedy Wilson Europe, said: “We are very proud of what we are creating at H1 at the Hill of Rubislaw. Whilst we acknowledge the current economic conditions in Aberdeen, the location and prestige that the Hill offers makes us very excited about what we can offer to the market. For companies looking for Grade A offices in the best location, we want to ensure that they come to the Hill of Rubislaw.
“Our investment in the Hill represents our continued commitment to the North East of Scotland, and we are confident that our flexible approach in terms of both space and service will attract tenants.”
Matthew Milroy, asset manager at Kennedy Wilson Europe, said: “The refurbishment and repositioning dramatically enhances H1, presenting a compelling and unique proposition in terms of a city centre location and modern high quality office space together with plenty of parking.
“Our Hub at the Hill offers real appeal to dynamic businesses looking for new space and we are very excited about the forthcoming launch. For anyone looking to do business in a central location, we’d highly recommend a trip to the Hill to see what we’ve done.”
As well as H1, KWE is the majority owner of the offices at the Hill of Rubislaw. Further details of H1 can be found through joint letting agents, CBRE and Ryden.