Hogan Lovells and Clifford Chance moving into new space in coming years
Structure Tone is favourite to land a major fit out deal to carry out work at the new London office of law firm Hogan Lovells.
The deal for the Anglo-American company at Holborn Viaduct is understood to be worth around £100m and is the latest in a string of jobs it has won in the past year.
It has replaced ISG on the collapsed firm’s schemes at Battersea for Apple and the Google headquarters building in King’s Cross and is coming to the end of another former ISG job – the deal to fit out the new offices of law firm Linklaters at 20 Ropemaker in the City.
The new office at Holborn Viaduct is being built by Multiplex, having been designed by PLP.
Hogan Lovells is already based at Holborn Viaduct with its current offices at Atlantic House on top of the viaduct.
The block will stand 10 floors tall on Holborn Viaduct and 12 floors from Farringdon Street.
Meanwhile, Overbury is understood to have landed the second major London law firm fit out job currently up for grabs.
Clifford Chance is returning to the City after striking a deal three years ago to leave its Canary Wharf headquarters in 2028.
The Magic Circle law firm has agreed a deal with Great Portland Estates to rent 321,000sq ft of office space at the developer’s 2 Aldermanbury Square project, which is set to be finished by Bovis at the end of the year.
Overbury’s job is believed to be worth around £150m with the firm pipping Mace, which also bid the Holborn Viaduct job, to the scheme. A pitch from Structure Tone was tailed off earlier in the process. Clifford Chance is taking 12 floors of the new building.
Meanwhile, ISG’s former owner Cathexis last month completed the sale of its Yondr data centre business to infrastructure investors DigitalBridge and La Caisse for $5.8bn (£4.4bn). Yondr was previously headed up by former ISG chief executive Paul Cossell.
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