EDINBURGH’S Quartermile commerical property development has let nearly 66,000 sq ft to State Street Bank and Trust Company in what has been billed as the biggest letting in the city this year.

Boston-based State Street will relocate 800 staff from its current premises in Ferry Road to a 65,628 sq ft space at the Quartermile 3 Grade A of block, where it will occupy the top five floors.

Paul Curran of Quartermile Developments said the deal “further endorses the strength of Edinburgh’s commercial property market and our development’s reputation as the optimum place in the city”.