Korea Development Bank signs for 22 Bishopsgate
The Korea Development Bank has chosen 22 Bishopsgate, EC2, as its UK headquarters.
The letting will hand the bank 13,000 sq ft on the 11th floor on a 10-year lease, as well as access to more than 120,000 sq ft of shared amenity space. This includes the 20,000 sq ft food hub to be run by Rhubarb and the Exchange central innovation centre.
The deal, the third to be signed since the building reached practical completion in December, brings AXA IM Alts’ skyscraper to 60% let.
The Korea Development Bank has chosen 22 Bishopsgate, EC2, as its UK headquarters.
The letting will hand the bank 13,000 sq ft on the 11th floor on a 10-year lease, as well as access to more than 120,000 sq ft of shared amenity space. This includes the 20,000 sq ft food hub to be run by Rhubarb and the Exchange central innovation centre.
The deal, the third to be signed since the building reached practical completion in December, brings AXA IM Alts’ skyscraper to 60% let.
Some 783,000 sq ft of the building is now let to 16 occupiers, eight of whom have already completed their office fit-outs. A further five occupiers across ten floors are preparing space for occupancy as the year progresses.
Phillip Shalless, senior asset manager at AXA IM Alts, said: “Attracting a prestigious financial services firm such as the Korea Development Bank is a further endorsement of 22 Bishopsgate’s appeal to a diverse range of businesses, with leasing activity gathering momentum following the easing of restrictions in March.
“As businesses continue to evaluate the types of workspaces they want to occupy post-pandemic, we have seen a substantive uptick in occupier enquiries, with best-in-class amenities, smart technology and sustainability credentials continuing to prove attractive in driving leasing momentum. KDB has started its own fit-out, and we look forward to welcoming the business and its staff next year.”
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