The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Three Floors of 22 Bishopsgate Let to Law Firm

Three Floors of 22 Bishopsgate Let to Law Firm
10 August 2021

65,000 sq ft of 22 Bishopsgate, Europe’s first vertical village, has been leased to international law firm, Skadden.

AXA IM Alts has now let 60 per cent (770,000 sq ft) of the people-centred building, which was completed in December 2020.

It is the third lease to be agreed since the building reached practical completion and follows the announcement that bespoke and (re)insurance business Fidelis will be taking the 25,000 sq ft 42nd floor. 

Skadden, which is headquartered in New York, is expected to move its 250 strong London team to 22 Bishopsgate in late 2022, where it has agreed a 15-year lease. The business was advised by JLL.


“Since restrictions began to ease in March, we have seen a material uplift in occupier enquiries, as businesses reflect on the lockdown-experience and seek adaptable space with best-in-class amenity and smart technology."

–Phillip Shalless

Senior Asset Manager, AXA IM Alts


22 Bishopsgate's 15th Occupier


With best-in-class offices in short supply in London, occupier demand for sustainable, adaptable and amenity-rich workspaces has continued to drive leasing momentum. 

22 Bishopsgate is a people-centred and technological advanced building, with a focus on wellbeing. In addition to its gym, containing London’s first "sky-wall" climbing window at 125 metres above ground, there's also a wellbeing space on the 41st floor, as well as an Active Commuter Park with storage for up to 700 bikes.

Situated on the 38-40th floors, Skadden will benefit from access to over 120,000 sq ft of shared space and amenities throughout the building. This includes "The Market" – 22 Bishopsgate’s 20,000 sq ft food hub, run in partnership with leading hospitality group, Rhubarb; "The Exchange" – a central innovation centre; as well as business events and conference space.

The building incorporates state-of-the-art technology to support productive and agile working and offers touchless entry systems as well as an app that allows residents to book gym classes, pre-order food and drink, and manage the meeting room booking system. 


Picture: a photograph of the wellbeing centre at 22 Bishopsgate, showing people at a yoga class. Image credit: 22 Bishopsgate 


The 15th occupier to commit to the building, Skadden will join a diversified range of businesses representing the technology, sustainable energy, financial, asset management and professional services sectors. Eight occupiers have already completed their office fit-outs and are now beginning to welcome staff to their new homes as restrictions continue to lift. A further six companies across 10 floors are preparing space for occupancy as the year progresses.

Phillip Shalless, Senior Asset Manager at AXA IM Alts, said: “Since restrictions began to ease in March, we have seen a material uplift in occupier enquiries, as businesses reflect on the lockdown-experience and seek adaptable space with best-in-class amenity and smart technology. 22 Bishopsgate, with its emphasis on providing excellent amenities and smart technology that enable the highest levels of wellbeing and productivity, is ideally suited to Skadden.  

"This letting to such a prestigious global law firm as Skadden is both a further endorsement of the appeal of 22 Bishopsgate, and highlights the crucial role that the centre of London continues to play in creating the right space for talent and business to thrive. We look forward to Skadden starting its fit out later this year and to welcoming its staff in 2022.” 

Picture: a photograph of the lobby from 22 Bishopsgate. Image credit: 22 Bishopsgate 

Article written by Ella Tansley | Published 10 August 2021


Related Articles

42nd Floor of 22 Bishopsgate Let To Insurance Firm

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...

 Read Full Article
22 Bishopsgate Complete

Europe’s first vertical village, 22 Bishopsgate, has reached completion. Powered 100 per cent by renewable energy, 22 Bishopsgate is designed to put people first...

 Read Full Article
Smart Office Building Next to Shard Gains Planning Consent

Edge London Bridge, a multi-tenant 27-storey smart building, will go ahead at 60-68 St Thomas Street, next to The Shard.  Dutch developer Edge has...

 Read Full Article
Are Smart Contracts Coming To Commercial Real Estate?

In the Commercial Real Estate sector, smart contracts, underpinned by blockchain technology, can self-execute as well as self-enforce the terms in an agreement. What do...

 Read Full Article
Spotlight Interview – James Massey | MRI Software

MRI Software is a global name in real estate technology. We spoke to James Massey, Managing Director of Facilities Management for MRI Software, about his career so far,...

 Read Full Article
NHS Property Services Appoints Hark Systems to Design Smarter Buildings Program

Hark Systems has signed an initial three-month contract with NHS Property Services to improve system efficiency across over 3,600 NHS facilities. The contract will...

 Read Full Article
THE LINE by NEOM – An Experiment in Future Built Environments

First announced in January 2021 by His Royal Highness Mohammed bin Salman, Crown Prince of Saudi Arabia and Chair of the NEOM Company Board of Directors, THE LINE is...

 Read Full Article
BBP Launches Guide for Real Estate Climate Change Resilience

The Better Buildings Partnership (BBP) has launched a new guide for BBP Climate Commitment signatories and other real estate companies on climate...

 Read Full Article
deVere Group Pulls All UK Property Investment Projects

deVere Group will temporarily close its property investment division with immediate effect. The finance firm’s Investment Director cited the “availability...

 Read Full Article
Will HSBC Leave its Iconic Canary Wharf Home?

Leaked memos suggest that the banking giant is considering whether to keep its global HQ at HSBC Tower when the lease expires in 2027. HSBC has occupied the 45-storey...

 Read Full Article