Sidley Austin LLP agrees pre-let at 70 St Mary Axe
TH Real Estate has completed a major pre-letting to Sidley Austin LLP, which will see the international law firm move its London operations to 70 St Mary Axe, EC3
TH Real Estate has completed a major pre-letting to Sidley Austin LLP, which will see the international law firm move its London operations to 70 St Mary Axe, EC3.
Sidley is to acquire 100,000 sq ft on a long-term lease of space in the upper section of the building, with options on approximately 34,000 additional sq ft.
The development, comprising a total of approximately 300,000 sq ft, is due to complete in Q4 this year, and will form an integral part London's instantly recognisable skyline.
Peter Neal of TH Real Estate commented: "We are delighted to have completed the pre-letting to Sidley at 70 St Mary Axe, a key strategic holding for the Cityhold Office Partnership. The transaction represents an important milestone for this landmark project and we look forward to welcoming Sidley to the building later this year."
Matthew Dening, managing partner of Sidley's London office, commented: "We are pleased to be relocating to this distinctive new development, and look forward to continued growth in this magnificent and well-located building."
JLL acted on behalf of TH Real Estate; Knight Frank acted on behalf of Sidley.