Business restructuring expert FRP Advisory is the latest tenant to takespace at Meridian in Union Row in Aberdeen.
The firm has moved into a new 1,800 sq ft suite on the fourth floor of the landmark building, on a ten-
year lease.
FRP, which has been involved in some of the UK’s most high-profile business rescue deals in recent
months, relocated its seven-strong Aberdeen team from Rose Street at the end of February.
Headquartered in London, it has 28 offices across the UK, as well as two in Cyprus and the Isle of Man,
specialising in forensics, corporate finance, debt, restructuring and financial advisory.
Jonathan Nesbitt of FG Burnett, who advised FRP in the acquisition, said: “Meridian has benefitted
from a comprehensive refurbishment and offers good quality office space in the city centre. We are
delighted to have been able to advise FRP with this.”
Iain Fraser, Partner at FRP, said: “We’re pleased to have secured such a well-located office space in the
heart of Aberdeen, and look forward to inviting clients old and new there.”
The latest letting follows the acquisition of 4,655 sq ft on the ground floor of the building by NSPCC in
2023 and comes after an extensive refurbishment programme by the landlord.
Occupying a prime position in the heart of the city centre, Meridian offers five floors of high
specification office space with 58 parking spaces. The building has a striking entrance with a double
height atrium and manned reception area, two lifts and shower facilities. It benefits from extensive
transport links with bus services running along Union Street and bus and train stations close by, and a
wide range of shops and restaurants on its doorstep.
Amy Tyler, Associate Director from CBRE, who acted for the asset manager of Meridian, M7 Real
Estate, said: “It’s great to welcome FRP to Meridian which is one of the best located office buildings in
the city centre and is surrounded by fantastic amenities.
“The building has been refurbished to an exceptional standard – the light filled reception area in
particular is extremely impressive with its feature wall and contemporary furnishings. We expect there to
be continued interest from occupiers keen to find quality accommodation in the city centre, at a time
when there is very little new build, Grade A availability.”
Meridian has an EPC rating of B, providing a sustainable working environment, along with the latest
heating and cooling systems.
CBRE acted for M7 Real Estate alongside joint agent Savills, whilst FG Burnett acted on behalf of FRP.
Suites available to lease at Meridian range from 4,600 sq ft to 5,300 sq ft. Flexible leases are available.
