{
  "url": "https://classa.info/cities/edinburgh",
  "title": "Edinburgh Class A Office Market",
  "description": "Asset management capital of the UK regions with a constrained heritage Class A core.",
  "oneSentenceAnswer": "Edinburgh Class A office rents around £42/sqft/yr · ≈ $53.3 PSF/yr USD, with 8.4% vacancy and 18 months of typical rent-free on a 10-year term.",
  "tldr": [
    "Asset management cluster — Baillie Gifford, abrdn, Aegon — anchors structural demand.",
    "Class A vacancy near 8% — among the tightest in UK regional markets.",
    "St James Quarter and Haymarket Square anchor the post-2018 trophy tier.",
    "Heritage Class A is structurally constrained by UNESCO conservation."
  ],
  "keyFacts": {
    "city": "Edinburgh",
    "country": "United Kingdom",
    "region": "EMEA",
    "classARentLocal": "£42/sqft/yr · ≈ $53.3 PSF/yr USD",
    "classARentUsd": "$53.34/sqft/yr",
    "vacancyPct": "8.4%",
    "typicalLeaseYears": 10,
    "typicalRentFreeMonths": 18,
    "submarkets": 5,
    "corporateTaxPct": "25%",
    "talentIndex": 85
  },
  "faqs": [
    {
      "question": "What is the heritage Class A constraint?",
      "answer": "Edinburgh's UNESCO World Heritage status (Old Town and New Town) limits new ground-up Class A in the historic core. Most new trophy delivery is concentrated outside conservation areas (St James, Haymarket, Quartermile)."
    },
    {
      "question": "How does the asset management cluster anchor demand?",
      "answer": "Baillie Gifford, abrdn, Aegon, M&G, and a deep cluster of fund managers and custody banks anchor structural Class A demand — among the deepest fund management clusters in Europe outside London and Luxembourg."
    },
    {
      "question": "Are Scottish leases different from English?",
      "answer": "Procedurally yes. Scottish leases use irritancy (rather than English forfeiture), different guarantee forms (cautionary obligations), and different stamp duty (LBTT rather than SDLT). Substantively similar FRI economics."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/edinburgh), updated 2026-04-15T00:00:00.000Z."
}