News from Edinburgh Technopole
IndigoVision Expands At Edinburgh Technopole
Product Growth Drives 6,000 sq ft Deal for Global HQ – 15 Jobs Created
IndigoVision, the world-leading designer and manufacturer of complete IP Video security systems, is expanding its international headquarters at Edinburgh Technopole.
The company is to take an additional wing of Charles Darwin House at the science and business park, where it has been based since 2000. The deal will provide the company with more than 6,000 sq ft of extra premium office space, bringing their total space at Edinburgh Technopole to 15,641 sq ft.
As part of the agreement, IndigoVision has negotiated a revised lease for the entire office space for a 15 year period, with a tenant break at 10 years.
The expansion at Edinburgh Technopole has been driven by strong international growth by IndigoVision, and is further evidence of the company's investment and commitment to Edinburgh and Scotland.
IndigoVision's CEO, Oliver Vellacott, explains: "The company is continuing its strong growth across major infrastructure projects in the airport, rail, banking and government sectors, with shipments to 82 countries. New and innovative developments such as our ONVIF video management software is helping to drive this growth which is reflected in our expansion at Edinburgh Technopole resulting in the creation of some 15 extra jobs.
"Edinburgh Technopole is our international Headquarters, and our 15-year deal reflects our commitment to providing high quality and long-term employment opportunities for Scotland, creating cutting-edge products for today's fast moving market requirements."
IndigoVision was the first tenant of Edinburgh Technopole, set up in 2000 as a joint venture between The University of Edinburgh and developer Grosvenor. The park now offers 100,000 sq ft of existing high quality office and lab space together with potential for new space totalling some 500,000 sq ft. Some 21,000 sq ft of premium office and lab space is currently available.
Easily accessed from both the city centre of Edinburgh and surrounding areas, the park is a popular hub for business, with many companies choosing to locate their headquarters at Edinburgh Technopole, including IndigoVision, Biobest and Xilinx.
Donna Cameron, Asset Manager at Grosvenor, adds: "IndigoVision has been with Edinburgh Technopole from the beginning and I am delighted that the company has reaffirmed its long-term commitment to the park – and to Edinburgh.
"The company has now become a flagship for innovation and applying the very best technical expertise to provide security solutions around the world. The expansion demonstrates that we have the infrastructure and employment potential to create global headquarters for technology companies right here in Scotland."
DTZ & Eric Young & Co acted for Edinburgh Technopole and Jones Lang LaSalle acted for IndigoVision.
