22 Bishopsgate development to proceed, completion due 2019

Posted on by Offices.org.uk

THE TALLEST skyscraper in the City of London should be completed by 2019, says the investment management company behind it.

AXA Investment Managers Real Assets, representing a consortium of investors, have confirmed that work will continue on the 22 Bishopsgate landmark tower which will be 278 metres tall.

The future of “22” had been in doubt after AXA IM Real Assets’ CEO Pierre Vaquier said in June the project would be reviewed following the outcome of the EU Referendum but the company has confirmed the project will now go ahead.

But in an announcement last week he confirmed the development would still go ahead. Vaquier commented: “Our ongoing commitment to 22 Bishopsgate reflects our firm belief, and that of our clients and partners, in this development project, aligned to the fact we are taking a long term view of this investment.”

The 62 storey office building will become the 2nd tallest skycraper in the country, second only to the Shard in London Bridge Quarter.

22 will have 1,291,700 sq ft of office space and over 40,000 sq ft of restaurants, retail outlets and viewing galleries.

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