Bell Hammer has completed demolition and site clearance, and appointed agency advisers, as it commits to the development of Rosebery, a 150,000-square-foot landmark office in Edinburgh city centre, owned by Aviva Investors, the asset management business of Aviva.
Located on Haymarket, Rosebery sits next to Edinburgh’s most connected commuter hub, with mainline rail, trams, buses and roads serving Scotland’s principal transport network.
Haymarket has increasingly established itself as a prime office location in Edinburgh, with Baillie Gifford moving into its headquarters in the final quarter of 2025, as well as Shepherd & Wedderburn, Deloitte and other major corporates nearby.
Rosebery has been designed by 3DReid Architects. Bell Hammer said it combines a striking presence with innovative technology to create a future-proofed net zero carbon building. It has a double height reception, shared spaces, private and communal external terraces, glazed rooftop event space, and end of journey facilities.
Colin Hall of Bell Hammer said in a statement: “We are delighted to be developing what many consider to be the best new office scheme in Edinburgh, if not Scotland. Bell Hammer see Rosebery as a prime example of the opportunity to take advantage of the shortage of new Grade A space in a restricted market.”
Julian Cobourne, head of regional investment management at Aviva Investors, added: “We believe the scheme at Rosebery will be a landmark building and a flagship office asset in the city. Sitting at the heart of one of Edinburgh’s best-connected locations and with planning consent in place, this is a scheme designed to provide outstanding facilities, supporting Edinburgh’s credentials as a compelling destination for world-leading businesses.”
The letting agents for the development are Cushman & Wakefield and JLL.
CoStar senior analyst Grant Lonsdale said: “The Rosebery is likely to be well received in Scotland’s capital, which has only 50,000 square feet of immediately available prime, 5 Star-rated office space. This is the lowest supply among the UK’s major office markets and has been a catalyst for top office rents in Edinburgh nearing £50 per square foot, only a couple of years after the £40 barrier was broken.”