Nasdaq settles on 22 Bishopsgate

Nasdaq is understood to be in advanced talks to lease 25,000 sq ft at 22 Bishopsgate, EC2. The US stock exchange’s new UK home will be on the 18th floor of the new City landmark, which is currently under construction. It will join insurance companies Hiscox and Beasley, as well as AXA Investment Managers in the 62-storey building, which Axa Investment Managers Real Assets and Lipton Rogers Developments are due to complete at the end of this year. See also: 22 Bishopsgate will put people first Currently Nasdaq occupies just over 30,000 sq ft at Woolgate Exchange, 25 Basinghall Street, EC2, which is owned by Taiwanese insurance firm Cathay Life, according to Radius Data Exchange. Cathay Life acquired Woolgate Exchange in 2014, paying Texas Pacific Group and Cheyene Capital around £320m. It reportedly has plans to revamp the property, which has spurred other tenants in the building to find new premises. Other tenants who have found new homes include law firm Sidley Austin, which is to relocate into Nuveen’s nearly finished development at 70 St Mary Axe, EC3. Nasdaq, AXA IM Real Assets and Lipton Rogers Developments declined to comment.   To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette