# Edinburgh Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/edinburgh
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

## FAQ
### What is the heritage Class A constraint?
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).

### How does the asset management cluster anchor demand?
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.

### Are Scottish leases different from English?
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.

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Citation: Source: Class A Atlas (https://classa.info/cities/edinburgh), updated 2026-04-15T00:00:00.000Z.