Stanhope takes on management of 8 Bishopsgate
Stanhope is set to become the asset manager at 8 Bishopsgate, EC2, the 50-storey tower it developed for Mitsubishi Estate London.
The group now asset-manages a £4bn portfolio of office and life sciences buildings covering 6m sq ft, including Television Centre, W12, White City Place, W12, and Cambridge Science Park.
The appointment follows Stanhope chief executive David Camp’s announcement that the firm would be setting up home itself in 8 Bishopsgate, moving from its current 14,000 sq ft HQ at 100 New Oxford Street, WC1. It has agreed to take 8,300 sq ft on a 10-year lease at the 560,000 sq ft scheme.
Stanhope is set to become the asset manager at 8 Bishopsgate, EC2, the 50-storey tower it developed for Mitsubishi Estate London.
The group now asset-manages a £4bn portfolio of office and life sciences buildings covering 6m sq ft, including Television Centre, W12, White City Place, W12, and Cambridge Science Park.
The appointment follows Stanhope chief executive David Camp’s announcement that the firm would be setting up home itself in 8 Bishopsgate, moving from its current 14,000 sq ft HQ at 100 New Oxford Street, WC1. It has agreed to take 8,300 sq ft on a 10-year lease at the 560,000 sq ft scheme.
Claire Dawe, head of asset management at Stanhope, said: “Stanhope has been involved in the entire life cycle of the building, so it feels fitting that we now lead it through this next stage. Our approach to asset management is granular and human-centric, with a significant focus on the communities within our buildings.
“We work closely with our occupiers to understand their employees, what they value and how to best play to those values. The tenants across our asset management portfolio range from small family offices to large corporations, and our hands-on approach means that we can provide tailored support no matter their size or services.”
Shinichi Kagitomi, managing director and chief executive at Mitsubishi Estate London, added: “As the development manager on the scheme, Stanhope has a unique understanding of the building, which will be further heightened when they relocate to 8 Bishopsgate as an occupier. This makes the company the obvious choice as asset manager, and we look forward to a continued working relationship on this landmark building”.
Image courtesy of London Communications Agency
