International law firm to move into “best-in-class” London office following sustainable transformation

International real estate company Pembroke has announced it has agreed a pre-let with global law firm Addleshaw Goddard at 41 Lothbury in the heart of the City of London.

Addleshaw Goddard will occupy 114,000 sq ft of office space on a 15-year lease and work alongside developer Pembroke, its construction partner Wates Construction and architectural practice Stiff + Trevillion to transform the Grade-II-listed former bank premises into a turnkey solution which allows the law firm to relocate easily.

When the law firm takes occupancy in 2024, 41 Lothbury will blend “best-in-class” smart building technology with “carefully considered” amenities designed for collaboration. This will see the building’s banking hall brought into the 21st Century through the creation of flexible break-out spaces, enhanced by a Jason Bruges light installation.

Other amenities will include new end of trip facilities, as well as a repurposed rooftop with outdoor terraces offering “spectacular” views of the City of London to help promote employee wellbeing.

41 Lothbury will also be transformed into an all-electric building with energy provided through air-sourced heat pumps allowing the building to achieve NABERS accreditation and contribute to Pembroke’s objective to be Net Carbon Zero by 2035. 41 Lothbury also hopes to secure a BREEAM Excellent rating and Platinum Wired Score.

Matthew Knight, Vice President, Head of UK and Head of European Development at Pembroke said: “We are proud that Addleshaw Goddard has selected 41 Lothbury as its new London headquarters.

“We are especially pleased that they have entrusted us and Wates Construction to deliver a high-quality workspace which is fit for their needs and offers facilities and services that encourage productivity and employee engagement.

“This project builds on the success of 25 Cannon Street and demonstrates how we are helping to optimise collaboration and innovation to embrace the future of work across the City of London.”

John Joyce, managing partner, Addleshaw Goddard, added: “This is a really exciting move for us. Our new HQ and the client experience there will capture the imagination of our people and provide an inspiring space, with amazing credentials, for current and future generations of AG.”

Cushman and Wakefield and JLL advised on the letting on behalf of Pembroke.

By Matthew Neville – Correspondent, Bdaily

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