Brookfield Fortifies London's Skyline with Sustainable 99 Bishopsgate Project
Deal News | Feb 05, 2025 | Mishcon

Mishcon de Reya's construction team has successfully advised Brookfield Properties in obtaining approval from the City of London's Planning Committee for a new 54-storey office tower at 99 Bishopsgate. This project is set to add over 1 million sq ft of top-tier office space and 60,000 sq ft of public and cultural amenities, addressing 8.3% of the city's future office space needs by 2040. The development prioritises sustainability, featuring adaptive reuse, urban greening, and retention of existing foundations to minimize embodied carbon. These environmental initiatives reflect a broader industry trend towards ecological responsibility. Led by Justine Ayto, Mishcon's prominent Real Estate department facilitated the legal preparations, positioning Brookfield to enter the construction phase with a commitment to community enrichment and environmental stewardship.
Sectors
- Real Estate Development
- Construction
- Legal Advisory
Geography
- United Kingdom – The construction project is located in the City of London, making the United Kingdom the relevant geography.
Industry
- Real Estate Development – The article focuses on the development of a significant office tower in London, which falls under real estate development.
- Construction – The involvement of Mishcon de Reya in negotiating construction documentation links the article to the construction industry.
- Legal Advisory – Mishcon de Reya's role as legal advisors in the project highlights their involvement in legal and consultancy services.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Brookfield Properties | Developer | Company | A major real estate developer responsible for the 99 Bishopsgate project. |
Mishcon de Reya | Legal Advisor | Company | A law firm providing legal advice and negotiating construction documentation for the project. |
Justine Ayto | Partner and Lead | Person | A partner in Mishcon de Reya's Non-Contentious Construction team, leading the project. |
William Chung | Legal Associate | Person | Assisted Justine Ayto in the project. |
Charles Jordan | Legal Associate | Person | Assisted Justine Ayto in the project. |