Specialist insurance provider and leader in cyber, CFC, is the latest occupier to sign up to 8 Bishopsgate, taking 90,000 sq. ft over six floors at the landmark office building. This brings the building, which is owned by Mitsubishi Estate London and being developed by Stanhope, to 80% let or under offer following a spate of recent deals.
The company's decision to relocate to 8 Bishopsgate reflects continued occupier demand for best in class office space and a varied mix of amenities. The space taken by CFC covers floors 10-15 of the building and includes a showpiece landscaped terrace for CFC’s exclusive use on Level 11.
The move will position CFC close to Lloyd’s of London in the heart of the City, the location of choice for the UK’s top insurance, tech, finance legal and tech firms. This transition represents not only a physical move but a strategic one, positioning CFC for future growth and success in one of the most sought-after commercial buildings in London.
8 Bishopsgate, with its sustainable design and central location, continues to set the standard for premium office space with over 445,000 sq. ft of the building now let or under offer. The building's state-of-the-art facilities, cutting-edge technological infrastructure and collaborative workspaces create an ideal environment for business growth.
Newmark BH2 & Knight Frank acted for Mitsubishi Estate London and Stanhope. HK London acted for CFC. Legally, Mitsubishi Estate London were represented by CMS and CFC by Wedlake Bell.
Shinichi Kagitomi, Managing Director of Mitsubishi Estate London, said:
“8 Bishopsgate's success in attracting an innovative company like CFC demonstrates the building's continued appeal to businesses with expansion-led requirements. We are delighted to welcome CFC to our existing community of occupiers and look forward to providing them with an exceptional environment to support their growth.”
David Camp, Chief Executive of Stanhope, said:
“CFC's choice to expand within 8 Bishopsgate reflects the appeal and prestige that our location offers. We are committed to providing CFC with an exceptional workspace that aligns with their dynamic business model.”
Michael Grist, CFO at CFC, said:
“Moving our London headquarters to 8 Bishopsgate represents an important milestone in the company’s more than 20-year history and marks an exciting chapter in CFC’s journey of growth and success. With over 840 global staff, and counting, this magnificent new workspace for over 1000 people positions us perfectly to accommodate our future plans and continue attracting top talent. We’re especially proud to join the UK’s first tower to speculatively target BREEAM Outstanding and one designed with sustainable materials which minimises its environmental impact through smart technologies, reducing water use and boosting biodiversity.”
