First occupier for City’s tallest skyscraper
Global specialist insurer Hiscox is to occupy 75,000 sq ft
on a 19 year lease over floors eight, nine and ten of 22 Bishopsgate, known as
TwentyTwo, once construction is completed at the end of 2019.
The 62 storey building will become the tallest building in
the Square Mile, formerly known as The Pinnacle. Now managed by AXA IM on
behalf of investors, TwentyTwo will hope to secure other occupiers ahead of its
completion, as it aims to fill 1.275 million sq ft of office space in the EC3
It is expected that Hiscox’s staff will take occupancy as
part of a phased move early in 2021.
The letting contributes to another significant pre-let this year which has
accounted for 45% of take up in the City in 2018.Some of those key deals
include Bryan Cave Leighton Paisner to Governers House to take 127,000 sq ft
and Sumitomo Mitsui to 100 Liverpool Street for 161,000 sq ft.
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