20 Fenchurch Street is now 90% let after a deal with Vinson and Elkins RLLP to take the 24th floor of the building.
The law firm is the latest tenant, taking 24,000 sq ft on a 20 year lease.
Following completion of the office floors in April, the first tenants moved into 20 Fenchurch Street in May, with an estimated 1,700 staff now working in the building, which is the most successful speculative tower ever built in London. Vinson & Elkins will be the second legal firm to take space at the building, joining a number of insurance and financial services firms.
Joint developers Canary Wharf Group plc (“Canary Wharf Group”) and Land Securities Group plc (“Land Securities”) have confirmed that the Sky Garden – a landscaped garden space with restaurants and viewing terraces on levels 35, 36 and 37 – is due to complete by the end of the year.
The Sky Garden will be operated by rhubarb and, when it opens to the public in January, will comprise viewing terraces, two restaurants, a café bar and four dedicated event spaces.
Richard Archer, Head of Leasing at Canary Wharf Group, commented: “We’re delighted that 20 Fenchurch Street continues to be so popular with tenants and to have such momentum as we come to lease the final few floors is fantastic. We look forward to Vinson and Elkins moving into this exceptional building.”
Kaela Fenn-Smith, Head of Commercial at Land Securities, added: “20 Fenchurch Street was designed for the modern needs of occupiers today, and we believe that’s why we’re continuing to attract a diverse and world-class mix of businesses. We welcome Vinson and Elkins to the building and we’re thrilled to have a global law firm of this caliber coming to 20 Fenchurch Street.”
Alex Msimang, London Office Managing Partner at Vinson & Elkins, explained: "As a firm we have been in London for more than 40 years and 20 Fenchurch Street will be the ideal London base for us for many years to come. In all our locations we strive to provide an outstanding environment and state of the art facilities for our people and our clients, and this exceptional building enables us to continue to do that in London."
Canary Wharf Group and Land Securities were advised by Knight Frank and CBRE. Vinson & Elkins were advised by Savills.
Source: Land Securities www.landsecurities.com