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Change in ownership spells a new direction for Aberdeen office block

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January 21 2021

Change in ownership spells a new direction for Aberdeen office block

Cater Group has taken possession of a 54,000sq/ft office block in Aberdeen ahead of redevelopment, the scale of which is yet to be determined.

Dating from 1970/1 Atholl House at 84-88 Guild Street has struggled to find tenants despite occupying a prominent position in the Denburn Valley, immediately north end of Aberdeen Station.

Cater Group client executive Glen Smith said: “It’s great to announce the acquisition of this site, it’s such a fantastic location in the heart of the city centre. This is a milestone for Cater Group, and an exciting opportunity to contribute to the regeneration of Aberdeen City Centre.”

The purchase spells the end for a Halliday Fraser Munro scheme to erect a 17-storey mixed-use tower on the site with Cater Group turning to their in-house architect and Aurora Planning to draft alternative proposals.

Plans for the redevelopment will be released shortly.

3 Comments

AB
#1 Posted by AB on 22 Jan 2021 at 09:01 AM
"The purchase spells the end for a Halliday Fraser Munro scheme to erect a 17-storey mixed-use tower". Great, that was absolutely awful.
Don Diamante
#2 Posted by Don Diamante on 22 Jan 2021 at 12:48 PM
If there’s one term I hate in this industry, it’s “in-house architect”.....

#1 - I actually quite liked the HFM scheme!
Andrew Brown
#3 Posted by Andrew Brown on 26 Jan 2021 at 01:00 AM
Surely commercial property is dead in Aberdeen for example with BP vacating their site at Dyce and downsizing to an office half the size.

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