Month: March 2022
1 March 2022
Partners Group and YardNine let 80,000 sq ft to Aviva for new London HQ at EightyFen
Partners Group, a leading global private markets firm, acting on behalf of its clients, and YardNine have let 80,000 sq ft at EightyFen, the development named after its location at 80 Fenchurch Street in the City of London, to Aviva. EightyFen will become the new London headquarters of the UK’s leading insurer.
Aviva will occupy floors one to four in the 14-storey Grade A office development, with the potential to create a unique arrival and meeting experience for their clients on the first floor, alongside an exciting and innovative workplace.
Aviva joins Royal London and Arcadis at EightyFen, which comprises more than 240,000 sq ft of Grade A office accommodation, with sustainability and smart technology embedded throughout. The building is designed to the highest environmental standards and has achieved BREEAM excellent and WiredScore platinum ratings alongside a host of sustainable design and operations elements. Following this most recent letting, EightyFen is 75% occupied, with 60,000 sq ft remaining across floors seven to nine.
Occupiers benefit from easy access to Aldgate and Fenchurch Street stations, as well as close proximity to open public spaces including Aldgate Square and Braham St Park. The river is less than 10 minutes away and a host of cultural, leisure and educational amenities are close by.
Peter Holden, Managing Director, Private Real Estate Europe, Partners Group said: “We believe high-quality offices that focus on environmental sustainability and tenant wellbeing will be relative winners in the post-pandemic environment. EightyFen’s strong ESG credentials, high-end design specifications, expansive communal areas, and prime location is proving attractive as the return to office-working gathers positive momentum. Aviva’s selection is another vote of confidence in EightyFen’s standout offering.”
Maxwell Shand, Director of YardNine, said: “From inception to completion, the requirements of forward-thinking and sustainably-minded occupiers have been at the core of how we conceived and delivered EightyFen. Now, Aviva’s selection of EightyFen as its new London headquarters is not just a milestone for the development as it reaches 75% occupancy, but it entirely corroborates our belief in the future of the office and longstanding approach to creating best-in-class spaces. We very much look forward to welcoming Aviva”.
JLL & Ashurst advised YardNine and CBRE advised Aviva.