AXA IM-Real Assets has secured a pre-let agreement for 50,000 sq ft at 22 Bishopsgate in London with Canopius, the global insurance group.
Canopius has signed a 10-year lease for 50,000 sq ft of space over the 29th and 30th floors of the 62-storey building, in order to create a new London headquarters.
The privately owned speciality insurance and reinsurance group is expected to move its staff to 22 Bishopsgate in 2020.
22 Bishopsgate is the 1.4 million sq ft (130,000 sqm) people-focused office development in the heart of London being managed by AXA IM-Real Assets, on behalf of an international consortium of investors, with Lipton Rogers Developments retained as developer. Over 580,000 sq ft of the building has now been pre-leased.
22 Bishopsgate offers over 100,000 sq ft of common amenities, social spaces and services that will be available to occupiers as part of the building’s infrastructure, together with a further c. 102,000 sq ft of events and flexible workplace space on offer following the recent lease to Convene. A 22,000 sq ft area of food and dining space, known as The Market, will also be provided on level two and managed by Rhubarb and Young British Foodies.
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“This latest letting is another key endorsement from a longstanding local occupier who has a strong focus on its people. Canopius join three other insurers within the building, all of whom have given special attention to the ability for their new headquarters at 22 Bishopsgate to support their people and their ongoing business success. We are in advanced discussions with several other occupiers and expect to make further announcements shortly,” said Harry Badham, UK Development Director at AXA IM – Real Assets in a statement.
CBRE and JLL acted for 22 Bishopsgate while Savills acted for Canopius.