Johnston Press will save £1m a year by relocating The Scotsman from Barclay House on Holyrood Road in Edinburgh to Orchard Brae House on Queensferry Road, according to a rival newspaper.
The rent of the new downsized headquarters is estimated at around £555,000 a year, the Sunday Herald reports.
Johnston Press is currently paying £1.5m a year in rent for Barclay House, the Herald says.
Other titles including Scotland on Sunday and the Edinburgh Evening News will also move to the newly refurbished 1970s office block.
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The move comes as part of chief executive Ashley Highfield’s rationalisation policy to help pay back company debt which current stands at £302m.
Rockstar North, the computer games firm which created Grand Theft Auto, will replace The Scotsman at Barclay House.
Scotsman old HQ (Google Street View):
Scotsman new HQ:
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