22 Bishopsgate reaches 92% occupancy with three new lettings

Westfield Specialty and Canada Life signed leases at the 62-storey London building

22 Bishopsgate reaches 92% occupancy with three new lettings

AXA IM Alts has signed three new lettings at 22 Bishopsgate in London for a total of over 65,000 sq ft.

Westfield Specialty, a subsidiary of the 175-year-old U.S. insurance company, Westfield, and Canada Life, a financial services provider, have each signed up to a c. 25,000 sqft floor, across the 36th and 37th levels respectively, on 10 year and 15 year leases.

Fidelis MGU already occupies level 42 and has agreed to extend its footprint, with a move in scheduled at the end of 2024.

These new lettings bring the occupancy rate at the 62-storey building to approximately 92%.

On joining the 22 Bishopsgate community, all staff will benefit from over 120,000 sqft of shared space and amenities throughout the building, which have been designed to promote collaboration and wellbeing. These include a 20,000 sqft food hub, a central innovation centre, and 53,000 sqft of meeting, events, and conference space and flexible and coworking spaces. The building also incorporates state-of-the-art technology to improve energy consumption and enhance the occupier experience, for example through touchless entry systems and an app that allows residents to book gym classes and pre-order food from The Market.

Phillip Shalless, Senior Asset Manager at AXA IM Alts, said: “Since inception we had set out to build a diverse community of businesses at 22 Bishopsgate and we now have 23 occupiers across seven broad sectors in the building, in addition to the range of smaller businesses and start-ups in our coworking and innovation spaces. This mix is key to fostering collaboration and a sense of community.  Additionally, Fidelis MGU is now our third occupier to expand its presence in the building. These latest lettings underline the continued significant demand for high quality, amenity rich office spaces with strong environmental credentials, supported by bespoke smart technology.”

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