AXA IM Alts has let the entire 46th floor to international law firm McDermott Will & Emery UK LLP.

McDermott is the 17th occupier to commit to the building, which is now 68% let. More space under offer and a strong pipeline driven by high occupier demand for high-quality amenity-rich buildings with sustainable credentials.

The US-headquartered company has agreed to a 15-year lease and is expected to move its London headquarters to 22 Bishopsgate in early 2023.

The firm chose 22 Bishopsgate due to its strong sustainability credentials as well as its extensive amenities and shared facilities, which cover over 120, 000 sq ft of space and deliver a more cost-effective and efficient occupation while allowing optimal space for the company to grow.

Phillip Shalless, Senior Asset Manager at AXA IM Alts, commented: “As an ambitious and growing law firm in London, McDermott’s decision to choose 22 Bishopsgate as its new home is not only testament to the strong appeal of our offer, but is a further endorsement of our vision for the building as Europe’s first people-focused vertical village. This letting, as well as the high number of occupier enquiries we are receiving, demonstrates that businesses are now comfortable making forward looking decisions to facilitate the needs of their staff and their longer-term growth. It also highlights the appeal of high-quality buildings, complete with amenities and sustainability features that are future fit and meet people’s work needs in a post-pandemic environment. McDermott’s future focused vision and high quality makes it the perfect fit to join 22 Bishopsgate’s diverse community, and we look forward to starting their fit-out.”

Hamid Yunis, McDermott’s London Managing Partner, said: “We put ourselves in a great strategic position to take time to secure an outstanding long-term new home we can be proud of and that can accommodate our continued growth plans now and in the future. Our priority was to secure premises that would provide an appealing environment for both clients and our people and we couldn’t be happier with the outcome and the benefits 22 Bishopsgate will bring. We have a broadly comparable footprint in 22 Bishopsgate to our previous premises but with significantly more usable and efficient space thanks to the proposed configuration. The amenities within the building are of the highest calibre. These factors enable us to focus on designing a first-class client meeting and working space. I think visitors will love coming here as much as our team will.”