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Freshfields Bruckhaus Deringer locates London office to 100 Bishopsgate

Freshfields Bruckhaus Deringer has signed a pre-let agreement to locate its new London office at 100 Bishopsgate. Freshfields will occupy an expected initial area of 255,000 sq. ft.– floors 20-32 – of the 37-storey tower on a 20 year lease, subject to Freshfields’ option to expand or contract prior to occupancy. Construction of the 950,000 sq. ft. office and retail development began in 2015 with practical completion scheduled for 2018. Freshfields is expected to take occupancy in summer 2021. Freshfields was advised by Cushman & Wakefield and Brookfield was advised by Knight Frank and GM Real Estate.
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Martin Jepson, President and COO of Brookfield’s UK Office Division said, “100 Bishopsgate continues to capture the imagination of some of the world’s highest profile blue chip financial and professional services firms, and we are extremely pleased that we will be welcoming Freshfields into this exciting new development. The building will now be home to three of the world’s most prestigious financial and professional services companies underpinning its status as one of the most prized addresses in London. With a fantastic public realm, significant local amenities and excellent local transport links, 100 Bishopsgate is a very attractive address for a variety of companies, and we have every confidence of securing more lettings prior to its completion.”

Located in the heart of the City of London, close to the Bank and Liverpool Street commuter hubs, 100 Bishopsgate will become one of the most prominent office towers in London. As part of the development, a new half-acre public realm will be created to further enhance and enrich the environment for the building’s occupiers and the City workforce.

The agreement with Freshfields furthers Brookfield’s strong track record of leasing its development schemes prior to completion. At 100 Bishopsgate, Brookfield has been particularly successful with this announcement following a 250,000 sq. ft. pre-let with Royal Bank of Canada and a 120,000 sq. ft. agreement with Jefferies, both signed in 2016. This brings the total amount of space pre-let at 100 Bishopsgate to 625,000 sq. ft., or 71 percent.