Slaughter and May is advising international law firm Clifford Chance on the pre-let of 321,100 square foot in a new building at 2 Aldermanbury Square EC2. The 12 floors of the building will be let on separate twenty-year leases offering agility and flexibility on final space requirements. Clifford Chance anticipates the move to the new building to tie in with the expiry of its current lease at 10 Upper Bank Street in 2028.
The transaction brings a significant milestone in Clifford Chance’s strategy to deliver a London office which continues to support it to provide the best client service whilst also bringing colleagues a future workspace that will promote collaboration, inclusion and wellbeing.
Michael Bates, Managing Partner for Clifford Chance in the UK, commented: "With our clients, our people and our values at the heart of our decision making, this represents a truly exciting step for the firm as we plan our move to a newly built location that meets the exceptionally high standards that we set ourselves. This investment ensures we have the space that is fit for our ambitions of the future and importantly is core to our values and commitments on sustainability, supporting the firm's longer term environmental targets."