New Park is delighted to confirm its support of Buccleuch Property in their recent purchase of Scottish Enterprise's interest in Aberdeen Science & Energy Park and the Aberdeen Science & Technology Park for around £14 million.
A newly formed joint-venture partnership between, Scottish Enterprise and Buccleuch Property, will help transform nearly 155,000 sq ft of multi-let space within the two Science and Energy Parks. The joint venture will also deliver a number of key investment projects over the next five years including a second phase of the Energy Development Centre and a Hub building providing much-needed central facilities.
The Science Parks extend to over 70 hectares across the two prominent locations and are home to around 120 companies employing 2,500 people in a range of incubator accommodation, larger office space and workshops. These two Parks now bring to seven the total owned and managed by New Park throughout Scotland.
Kevin Scott, New Park Managing Director commented: "We are delighted to partner with Buccleuch Property in this exciting new project and look forward to working closely with them, the Science Parks' tenants, Aberdeen's higher education and Research Institutes and wider business community to deliver a unique environment for technology research, design and development to thrive."
David Peck, Managing Director of Buccleuch Property, explained: "Buccleuch Property along with our partners bring a wealth of experience and professionalism which will further enhance the Parks as the preferred destination for either well established or start-up businesses within the science, energy and renewable industry to make their base.
"We are fully committed to making well considered and meaningful changes to improve the quality of service to create a thriving business community that adheres to the Science Park ethos of increasing the wealth and prosperity of its occupants. To this end we have commissioned specialist Science Park managers, New Park, who have wide ranging experience in this arena to assist in our delivery of these goals."
