Wed 18 Feb 2026

Case study: Sale of Henry Duncan House, 120 George Street, Edinburgh

A seamless disposal delivered under a tight timetable in Edinburgh's largest Q4 2025 office investment transaction.

Background

Henry Duncan House is a historic, B listed 56,000 sq ft office building on Edinburgh's prestigious George Street. Named after the founder of the world's first mutual savings bank, it is the long-time headquarters of TSB Bank.

MFMac has supported the family office owners of the property for many years, including advising on a significant tenant’s refurbishment and ongoing asset management work.

The Transaction

We advised on the investment sale to French fund, Corum, completing in November 2025.
The deal required completion within a very tight timetable of four weeks. Understanding our client's needs, and the investment market, allowed us to anticipate issues early, manage stakeholder expectations, and conclude the sale swiftly.

Our Approach

We maintained momentum on the sale by working closely and coordinating with our client's agents and counterparty advisers. Our understanding of institutional investor requirements and sector insight ensured pressure points were resolved efficiently, keeping the deal on track.

Our client-first, service-led approach ensured that our clients were fully informed and involved at all stages.

Outcome

The disposal completed on schedule and to the client's satisfaction, marking the successful conclusion of our involvement with this landmark asset. The transaction reflects our ability to deliver results in complex, high-value, and fast-paced deals, while maintaining the quality, responsiveness and commercial focus our clients expect from MFMac.

Thank you for your professionalism, helpfulness, timeliness and most of all clarity of thought and communication. All of these elements were displayed in abundance. I think that contributed enormously to the smooth process of bringing the sale of HDH to a timely and successful conclusion.

CLIENT FEEDBACK

Make an Enquiry

From our offices we serve the whole of Scotland, as well as clients around the world with interests in Scotland. Please complete the form below, and a member of our team will be in touch shortly.

Morton Fraser MacRoberts LLP will use the information you provide to contact you about your inquiry. The information is confidential. For more information on our privacy practices please see our Privacy Notice