22 Bishopsgate, EC2

Creating a strategy to enhance the workspace experience whilst reducing footprint
Objective
Insurance company, Beazley, wanted to move from a traditional ‘1 person per desk’ office regime to create a new model based on workplace activities. Following a successful pilot scheme in Birmingham (assisted by Squarebrook), we advised on the London head office relocation.
Client
Beazley
Service
Tenant Representation
How we met the objective

Beazley’s initial assumption wasto renew their existing leases and to implement a phased refurbishment. As a result of our research and advice, we demonstrated the advantages of moving to a modern contemporary building to fully execute the strategy.

22 Bishopsgate was chosen as it supports Beazley’s objective to provide enhanced staff experiences. The change in workplace strategy has allowed them to reduce their London footprint from65,000 sq ft to 50,000 sq ft whilst increasing head count to over 700 staff.

The project completed during thePandemic, and the eventual return to the office in 2021 to the new ways of working, demonstrated just how forward-thinking the real-estate policy turned out to be.

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