22 Bishopsgate
Skadden takes 56,000 sq ft

Skadden takes 56,000 sq ft

10/08/2021 by Buildington
 
New occupier

AXA IM Alts has let 65,000 sq ft of space across three floors to international law firm Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates.

Headquartered in New York, Skadden will move its London team of 250 people to the 38-40th floors at 22 Bishopsgate in late 2022, where it has agreed a 15-year lease.

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.”

This is the 15th lease in the building that is now 60% let.

JLL advised Skadden.

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