British Land has confirmed that law firm Mayer Brown Rowe & Maw will move its headquarters to 201 Bishopsgate.

The law firm has signed non-binding heads of terms with British Land to take 223,000 sq ft (20,717 sq m) at the building.

Along with the adjoining Broadgate Tower, it is one of two new developments at Broadgate under construction and on track for completion in early 2008.

201 Bishopsgate provides a total of around 408,000 sq ft (37,904 sq m) of office space. Mayer Brown Rowe & Maw is taking 223,000 sq ft (20,717 sq m), more than half of the building, with an option for a further 61,500 sq ft (5,713 sq m). CB Richard Ellis advises Mayer Brown; Jones Lang LaSalle and Knight Frank advise British Land.

Paul Maher, London senior partner of Mayer Brown Rowe & Maw, said: ‘201 Bishopsgate will provide an exceptional and efficient workplace environment for us. We are an ambitious and fast growing firm and the new building reflects that.’

Stephen Hester, chief executive, British Land, said: ‘We are honoured that a firm of the standing of Mayer Brown Rowe & Maw has chosen British Land and Broadgate to deliver its new headquarters.’