Offshore company ‘iSURVEY’ Offshore Limited’ takes lease over two Knight Property Group properties in Westhill.

August 22nd, 2019

Category: general

iSURVEY Offshore Limited, a leading provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, has leased two properties in the commercial hub of Westhill from commercial property developers and investor, Knight Property Group.

The company will move into Pavilion 7, Suite B, within Knight Property Group’s Kingshill Park development and lease 2,695sq ft of office space.

The company has also signed a five-year lease of Unit 6E which is located close by in Knight Property Group’s Kingshill Commercial Park. Unit 6E forms part of five new-build industrial units, each of 2,500sq ft.

Existing occupiers of Kingshill Park include CALA Homes, Swagelock, Acumen Financial Planning, Awilco Drilling, DAI and StormGeo.

Founded in 2004, iSURVEY originated in Norway and has grown exponentially over the years,  establishing a team in Aberdeen in 2014.

Ryden acted on behalf of iSURVEY Offshore Limited in the deal, whilst Savills acted for Knight Property Group.

Dan Smith, Director of Savills commented, “Westhill is widely recognised as a centre of excellence for the subsea engineering sector. A recent improvement in fortunes for sector has brought about an upturn in demand and a reduction in commercial property vacancy rates across Westhill as a whole.

“The quality of the accommodation provided by Knight Property Group is unparalleled and following the iSURVEY lettings we now only have one office suite remaining and the speculatively built industrial starter units are also beginning to let up.” 

iSURVEY Offshore Limited’s Managing Director, Andrew McMurtrie, said, “iSURVEY has built a successful team in Aberdeen that brings exceptional expertise and skill to the industry we work in. Consequently, we have continued to expand both our capabilities and capacity; our new office will provide optimal working space for our growing team and is in the ideal location for supporting our UK and international operations.”

Daniel Stalker of Ryden commented, “Ryden is delighted to have acquired high specification office and industrial accommodation on behalf of iSURVEY at Kingshill Business & Commercial Parks. This move will serve as a solid platform for iSURVEY to continue to grow its business in an excellent location.

“Although the local market is still tough, it is great to see that the recent recovery in the oil and gasmarket is contributing to increased demand for new build properties in prime commercial locations such as Kingshill.”

With the recent letting of Pavilion 7 this now leaves only one suite, ground floor suite A, of 2695sq ft remaining.

Knight Property Group Director, Howard Crawshaw commented, “We are delighted to secure iSURVEY at two of our properties within Westhill. We are pleased to see that Pavilion 7 is almost completely occupied and that iSURVEY has made the decision to lease one of our industrial units. We believe our industrial units, located within Kingshill Commercial Park will offer high quality, well located and attractive space in a desirable location which will prove a great base for iSURVEY.”

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