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New 36-Story Skyscraper Planned in City of London

AXA has acquired a 250-year lease on 50 Fenchurch Street in London.

AXA has acquired a 250-year lease on 50 Fenchurch Street in London.

Source: DBOX for Eric Parry Architects

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AXA SA’s asset management unit has bought a plot on Fenchurch Street in the City of London where it plans to build a new 36-story skyscraper, betting that workers’ reluctance to return to the office won’t deter occupiers from leasing space.