42nd Floor of 22 Bishopsgate Let To Insurance Firm

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09 July 2021

AXA IM Alts has agreed a new lease at 22 Bishopsgate, its flagship London development, having let the entire 25,376 sq ft 42nd floor to Fidelis, an insurance business.

Fidelis has taken a 10-year lease commencing in September 2021 and is targeting a move-in date of April 2022.

22 Bishopsgate is Europe’s first vertical village, and reached completion in December 2020. The estate incorporates a range of new technologies and innovations including 52 double-decker lifts (of 60 in total) which can travel at 30 km per hour and will be the fastest in London.

Fideli's lease is the first to be agreed following completion of the main construction programme, with further space under offer.

Amenities and Sustainable Credentials Attract Fidelis

Key to Fidelis’ decision to choose 22 Bishopsgate was the building’s focus on sustainability and wellbeing, including a dog-friendly policy, as well as the broad range of amenities it offers.

22 Bishopsgate has over 120,000 sq ft of space dedicated to common facilities including a 20,000 sq ft food hub called The Market on the second floor, run in partnership with leading hospitality group, Rhubarb, which is now open to occupiers and soon the public.

22 Bishopsgate will also feature an innovation hub – The Exchange; a gym with London’s first "sky-wall" climbing window at 125 metres above ground on the 25th floor; a wellbeing space on the 41st floor known as The Retreat; auditoria and business events space and services.

22 Bishopsgate also offers an active commuter park with storage for up to c.1,700 bikes including repair facilities, electric charging points and changing facilities, as well as the capital’s highest free public viewing gallery, and restaurant and bar with art interventions throughout.

Phillip Shalless, Senior Asset Manager at AXA IM Alts, said: “As we have begun to emerge from the pandemic we have seen a significant increase in interest in 22 Bishopsgate driven by a more acute focus from occupiers on ensuring that they have the best quality and most sustainable space for their people.

"From the outset we have aimed to deliver a differentiated and customer service-led product which is geared towards making the office lives of residents more productive and more enjoyable. It was this focus and the attention to small details and especially our dog-friendly policy that made the difference for Fidelis and we look forward to welcoming them to our growing community.”

Picture: a photograph of a view of London's skyline from 22 Bishopsgate. Image Credit: 22 Bishopsgate

Article written by Ella Tansley | Published 09 July 2021

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