AXA IM to centralise London staff in new Bishopsgate “vertical village”

AXA IM to move London-based staff to 22 Bishopsgate in H1 2020 once development project completes.

AXA Investment Managers has confirmed it is to relocate its London-based staff to the under-construction Twentytwo building at 22 Bishopsgate.

 The asset manager will centralise staff from its existing locations in 7 Newgate Street and 155 Bishopsgate during the first half of 2020.  

“The move will bring together our London-based teams under one roof and this will enable us to improve and update the technology that supports our employees as well to live and breathe our Responsible Investing philosophy given the sustainable credentials of the building,” said Andrea Rossi.

The Twentytwo construction is being managed by AXA IM’s real estate division and has been designed as a “vertical village”, which can accommodate over 12,000 workers and visitors. Work is expected to be completed on the project in late 2019.

Earlier this month BGC Partners announced plans to relocate its UK-based headquarters in London, bringing together two of its current offices in the city – Canary Wharf at 1 Churchill Place and 40 Bank Street – to a new site at 5 Churchill Place.