Specialist law form Bristows is in talks to lease around 70,000 square feet of offices at Taiwanese insurance giant Fubon Life Insurance Company's Bow Bells House on Bread Street in the City of London, CoStar News can reveal.
CoStar News reported this week on the more than 1 million square feet of law firm office requirements getting close to choosing locations, with Stephenson Harwood the latest to launch a search.
Bristows, which is being advised by Cushman & Wakefield, would move from the Unilever Building at 100 Victoria Embankment, where it occupies around 60,000 square feet.
Fubon Life Insurance Company bought the freehold interest in the 161,447-square-foot office for £185 million, reflecting a net initial yield of 4.51%, in 2014.
Fubon is advised by Newmark and Knight Frank.