Aviva Investors, the global asset management business of Aviva PLC, has pre-let No.1 Bow Churchyard, London EC2 to UK law firm, Shoosmiths LLP.
Located in a prime position in the City of London between St Paul’s and Bank station, No.1 Bow Churchyard benefits from excellent connectivity and proximity to the heart of London’s business community.
The building will be refurbished to provide high-quality office accommodation with terraces on every floor and views over the City. The landmark building will offer a remodelled reception together with an impressive client and collaboration space.
Simon Boss, CEO of Shoosmiths said: “Expanding our presence and investing in London, following on from recent expansion in Milton Keynes, Leeds, Glasgow and Belfast, reflects our strong growth in line with our strategy across the UK.”
Melanie Collett, Head of Asset Management at Aviva Investors, commented: “Occupier demand for prime City of London office space remains undimmed, and this letting is a further endorsement of our strategy, undertaking asset management initiatives to deliver high-quality office buildings with flexible workspace and modern amenities in desirable locations across the UK. This pre-let marks the start of a long-term partnership with Shoosmiths and we look forward to welcoming them to the building.”
“Forecast to be one of Europe’s top performing markets, London remains an important component of both our offices and broader real assets strategy and is a location in which we are continuing to actively invest.”
Joe Mazzucca, Head of Shoosmiths’ London office added: “We are delighted to have secured such a prominent building in a fantastic part of the City. We have enjoyed working with Aviva Investors in our mutual objective to bring this building to life. We are committed to achieving a BREEAM Very Good post refurbishment and working hard to create an exciting and dynamic workspace for our people.
“The new office space will enable us to continue our growth programme in London which has recently seen us make a number of high-profile hires. Being close to both the markets and our clients enables us to deliver the level of service expected from Shoosmiths.”
Darren Moorhouse of King Street Commercial in Manchester advised Shoosmiths on the letting. Savills advised Aviva Investors.