North Sea pipeline system company Cats Management Limited (CML) is the latest tenant to move into the award-wining Silver Fin building in Union Street, Aberdeen.
CML manages the Central Area Transmission System, a natural gas transportation and processing network carrying gas through a subsea pipeline from the central North Sea to a reception and processing terminal at Teesside in north-east England.
The critically important infrastructure currently serves more than 30 producing fields, connected via a series of production hubs, for customers including most of the major North Sea gas producers.
CML, which is majority-owned by private-equity firm Antin Infrastructure Partners, has 25 people working in its new Silver Fin headquarters.
The firm – previously based in Bon Accord Crescent – signed a lease for part of level seven of the 132,000sq ft office complex.
Managing director Andy Hessell said: “This move has allowed us to bring our team together in a modern, open-plan working environment that will support the ongoing expansion of our business, and clearly demonstrates our long-term commitment to Aberdeen and the North Sea.”
Silver Fin, which is on the site of the old Bells Hotel, is a £65 million development by Titan Investors and the British Airways Pension Fund
The letting to CML follows hot on the heels of Silver Fin’s success at the annual British Council for Offices’ regional awards.
It won the category for best commercial workplace in Scotland, praised by judges as a best-in-class office development which had revitalised part of Union Street.
Titan director Sean Mackenzie said: “It is excellent news that we can confirm this letting to CML and we are delighted they have made the decision to commit to the Silver Fin Building.”
CBRE and FG Burnett represented Titan in the deal, whilst Kenny Lyon Consulting acted for CML.
Serviced office specialist Orega has nearly 20%, or 27,000ft of Silver Fin’s total accommodation, while business and financial advisory firm Grant Thornton said earlier this year that it was also moving in.
Recommended for you
