THE SHARD CONFIRMS NEW FIN TECH OCCUPIER, SAPPHIRE SYSTEMS

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1 THE SHARD CONFIRMS NEW FIN TECH OCCUPIER, SAPPHIRE SYSTEMS Sapphire Systems will move its UK HQ to London Bridge from the City of London The London Bridge area is now the second largest Fin Tech hub in London* Vertical city now has 26 companies across 14 business sectors in its office space London, 20 November 2015 REM, on behalf of the owners of The Shard, today confirms it has let a further 15,700 sq ft of office space to fin tech company Sapphire Systems. The global provider of financial and business software solutions, will occupy the north side of level 9. Established in 1993, Sapphire Systems is a leading global provider of Enterprise Resource Planning and financial management solutions. I As a result of continued growth, Sapphire now employs 200 people across its global offices in the UK, USA, Australia and Asia, and offers round the clock support to its clients. Sapphire Systems is The Shard s eleventh letting to be confirmed this year, reinforcing the attraction of the London Bridge neighbourhood to progressive companies. The area has long-standing associations with creativity and commerce, and is also now London s second largest fin tech hub. The rich culture and social amenities of the neighbourhood from Bermondsey Street to the world famous Borough Market, are powerful in helping companies attract and retain the best talent in the market. Sapphire Systems takes the total number of office occupiers in the building to 26 across 14 business sectors. Only four full levels remain available in the 72-floor building, demonstrating the success of the vision to create Europe s first truly mixed vertical community. Ian Caswell, CEO of Sapphire Systems commented: We are delighted to be moving to The Shard. The excellent transport links and vibrant local neighbourhood will be of great benefit to our staff. This move reflects our intent to remain at the forefront of our industry, and with the building being home to many progressive companies, we look forward to becoming part of this unique community. Irvine Sellar, The Shard s developer, co-owner, and vice-chairman of REM and James Goldsmith, Leasing Director of REM, said: Our vision for The Shard was always to create a vertical city that unites an array of progressive companies from different industry sectors, to create an energetic and sustainable business eco-system. Sapphire Systems accentuates this strategy and will join a host of industry leaders already occupying the building. Interest in the remaining space at The Shard continues to be strong. Potential occupiers - many looking to relocate from the West End, Midtown, and more recently the City - cite the transport infrastructure, light adaptable space and growing sense of local community and social environment as supporting their plans to evolve their businesses in a competitive global environment. The Shard s office space is home to companies operating in media, finance, professional services, consulting, luxury brand, education, flexible offices, energy, technology, healthcare, recruitment and asset management. Around 8,500 people now work at London Bridge Quarter, the vibrant estate comprising The Shard and the adjacent News UK headquarters building, and this will rise to 12,500 in the coming few months. Page 1 of 7

2 JLL and Knight Frank are leasing agents on The Shard. *source: Knight Frank For Marketing & PR enquiries, please contact: April Taylor - Head of Marketing Real Estate Management (UK) Limited DDI: +44 (0) Main: +44 (0) april.taylor@remlimited.com The Shard 32 London Bridge Street London SE1 9SG ENDS Lucinda Hannington/Annabel Turbutt-Day Edelman Main: +44 (0) Lucinda.hannington@edelman.com/ annabel.turbutt-day@edelman.com Southside 105 Victoria Street London SW1E 6QT Notes to Editors: About Sapphire Systems plc Sapphire Systems is an established global provider of world-leading Enterprise Resource Planning (ERP) and Financial Management Solutions (FMS), offering software, services and support to over 800 customers worldwide. The company is an SAP Gold Channel Partner and an Infor Gold Channel Partner. Established in 1993, and with offices in the UK, USA, Australia and Asia, Sapphire offers 24x5 support as standard and has extensive knowledge and experience of global implementations. The Shard The iconic Shard, at 310m high (1,016 ft), is Europe s first vertical town. Designed by Renzo Piano, its 72 floors comprise a 26-floor office complex, three world-class restaurants, a 19-floor five-star Shangri-La Hotel, 13 floors of exclusive residential apartments and the UK s highest viewing galleries. The Shard is easily accessible, being located at London s fourth busiest transport hub, London Bridge Station, which is also served by the Jubilee and Northern Lines, as well as the main bus terminus and taxi rank for the area. The Shard Offices Page 2 of 7

3 The offices were conceived to create a vibrant business community, and now comprise over 26 companies across 14 different business sectors from finance, energy, corporate, media, legal, consulting, education, technology and recruitment, to healthcare, luxury brand and design-led flexible offices and co-working spaces. Companies at The Shard include: South Hook Gas, Arma Partners, Campari, Leonteq Securities, The Office Group, Foresight Group, Khazanah, Medical Protection Society, Gallup, Warwick Business School, Sage Group, Al Jazeera, Mathys & Squire, Global Water, Arcapita, Duff & Phelps, REM, Robert Half, Protiviti, io oil and gas consulting, Sapphire Systems, Greenberg Traurig Maher, Tiffany & Co., HCA, Good People Connect. The Shard offices feature 360 degree floor-to-ceiling windows, providing an abundance of natural light and unrivalled views of the London cityscape. Each office floor also features three Winter Gardens - breakout spaces designed to give tenants increased contact with the world outside via windows that can be opened via independent control systems, offering natural ventilation and allowing the sounds of the city to drift in. Restaurants World-class restaurants occupy levels 31-33, providing eight bar and restaurant formats across three brands; Rainer Becker s restaurant Oblix opened on level 32 in May 2013, and in June, Aqua Restaurant Group s aqua shard and Hutong opened on levels 31 and 33 respectively. Hotel The UK s first Shangri-La Hotel opened at The Shard on 6 May 2014, comprising 202 rooms, a cocktail, champagne and pool bar on floor 52, a 24-hour gym, a destination restaurant and lounge bar on floor 35, contemporary meeting and conference facilities on floor 34, and a gourmet deli on the ground floor. The Viewing Gallery Mayor of London Boris Johnson officially opened the doors to The View from The Shard on 1 February 2013, which occupies levels It has become one of London s most sought after private event venues and a top visitor attraction, with a million people visiting every year. Popular cultural and lifestyle events include Saturday morning Yoga with Yogasphere, and the ever popular silent discos in partnership with Time Out. This summer the UK s highest garden has been created on the level 72 open air viewing platform where guests can enjoy ice cream, champagne, deck chairs and even a champagne picnic tea with Fortnum & Mason hampers. The Shard - Fast Facts The Shard is 309.6m / 1,016ft high - Western Europe s tallest building Designed by Renzo Piano. Over 30 acres of space, developed on 1 acre of land Europe s first mixed-use vertical town, comprising: o Viewing galleries (The View from The Shard) o Luxury Residences o Hotel (Shangri La at The Shard) o Restaurants (Hutong, Oblix & aqua shard) o Companies at The Shard include: South Hook Gas, Arma Partners, Campari, Leonteq Securities, The Office Group, Foresight Group, Khazanah, Medical Protection Society, Gallup, Warwick Business School, Sage Group, Al Jazeera, Mathys & Squire, Global Page 3 of 7

4 The Shard Floor-by-Floor Water, Arcapita, Duff & Phelps, REM, Robert Half, Protiviti, io oil and gas consulting, Sapphire Systems, Greenberg Traurig Maher, Tiffany & Co., HCA, Good People Connect. Station concourse level retail: M&S Simply Food, Café Nero The Spire L73-95 The View from the Shard L m/ 800 ft high Opened 1 February 2013 c. 1 million visitors a year A 360 o view of London, and up to 40 miles beyond Luxury Residences L53-65 The highest in the UK Unrestricted 360 o views across the capital 5-star Shangri La Hotel L34-52 UK s first Shangri La Hotel. Opened 6 May rooms, 3 luxury suites Infinity pool, gym and Gong cocktail bar on L52 Destination restaurant and lounge bar, Ting on L35 Meeting and conference facilities on L34 Gourmet deli, Lang on L1 Hutong L cover restaurant from Aqua Restaurant Group Opened 26 June 2013 Focus on cuisine from Northern China Private dining rooms for parties and events Oblix L32 80 cover restaurant from Rainer Becker Opened 7 May 2013 New York style contemporary rotisserie and grill London s first interactive sommelier station Lounge bar serving all day deli-style food and transforms into live music bar by night Aqua Shard L cover restaurant from Aqua Restaurant Group Opened 1 July 2013 Focus on British produce, with contemporary and international cooking techniques Three-story atrium bar Offices L2-28 Floor to ceiling glazing with unrivalled views Three fresh air winter gardens on every floor First occupiers moved in June 2013 Efficient location at London Bridge Station Occupiers include: o South Hook Gas level 28 o Arma Partners level 27 o Campari level 27 o Leonteq Level 26 o The Office Group levels 24/25 o Foresight level 23 o Khazanah level 22 Page 4 of 7

5 o Medical Protection Society level 19 o Gallup level 18 o Warwick Business School level 17 o Sage Group level 17 o Al Jazeera level 16 o Mathys & Squire level 15 o Global Water level 15 o Arcapita level 15 o Duff & Phelps level 14 o REM level 14 o Robert Half level 10 o Protiviti level 10 o io oil and gas consulting level 9 o Sapphire Systems level 9 o Greenberg Traurig Maher level 8 o Tiffany & Co. o HCA levels 4,5,6 o Good People Connect level 2 London Bridge Quarter The London Bridge Quarter neighbourhood is one of the most exciting and fastest growing cultural and business districts in the capital. It is home to over 35 companies across Western Europe s first vertical town, The Shard, and News UK s headquarters building, The News Building, both designed by master architect Renzo Piano and developed by Sellar Property. The News Building is headquarters to News Corp in the UK, and home to News UK brands The Times, Sunday Times, The Sun, Down Jones, Wall Street Journal and publishers HarperCollins UK. Situated at London Bridge Station, the capital s fourth busiest transport hub, London Bridge Quarter is firmly rooted in the heart of the energetic London Bridge and Bermondsey communities. Over two thousand years of history has given rise to the area s enduring link to commerce and its undeniable creative and pioneering spirit. It continues to be the beacon for progressive businesses that place great value in the location as a means to attract and retain the best talent. The profile of this spirited district continues to grow, fuelled by a unique juxtaposition of the historic and the new; from the world-famous Tower of London to The Shard, Southwark Cathedral to City Hall, HMS Belfast to White Cube, and Potters Fields Park to the Design Museum. For the working population, residents and visitors alike there are some superb places to relax, eat, drink and shop in the very fashionable Bermondsey Street, as well as historical locations such as Butler s Wharf and Hay s Galleria. The area is increasingly becoming known for its independent theatres, museums and art galleries and boasts a profusion of renowned restaurants, eateries, bars and pubs, as well as the famous Borough Market the largest and oldest food market in London that sells exceptional British and international produce six days a week. The district offers something for everyone, with all the amenities within walking distance and efficient transport links that make visiting or commuting to London Bridge Quarter fast and convenient from both within and outside of the capital. Page 5 of 7

6 In addition to the 35+ companies operating at London Bridge Quarter, businesses operating in the wider London Bridge neighbourhood include E&Y, Blue Rubicon, Red Bull, Norton Rose, Lawrence Graham, Financial Times, The Body Shop International, Focus PR, Orient Express, PricewaterhouseCoopers, Landor, ED&F Man, TNS Research International and Four Communications. London Bridge Quarter - Fast Facts London Bridge Quarter is a 3bn development, creating a new district for London Developed by Sellar in partnership with the State of Qatar Owned by the State of Qatar and Sellar Managed by Real Estate Management (UK) Ltd (REM) Designed by master architect Renzo Piano o The Shard 1.3m sq ft mixed-use vertical town o The News Building (formerly The Place) - a 600,000 sq ft headquarters building Well connected, next to London Bridge Station, London s fourth busiest station o Over 55m passengers a year o When complete in 2018, the London Bridge Station redevelopment will have the largest concourse in the UK, able to accommodate up to 75m passengers a year. The London Bridge area The London Bridge neighbourhood is one of the fastest growing business districts in the capital. Over the last 15 years, the area has transformed and it now houses some of London s most prominent developments including The Shard; Western Europe s tallest building, News UK s headquarters, The News Building and More London. London Bridge is also next door to world-famous cultural hotspots and historical locations, such as Borough Market, Bermondsey Street and Tower Bridge, making the area an attractive place to work and visit. How the area has changed Since 2000, the property market in the London Bridge area has undergone a transformation: o In 2000, there was 1.5 million square feet of commercial property in the area, of which 95% was offices o There is now over 5.1 million square feet of commercial stock, of which 87% is offices and 13% is retail, leisure and hotels o There has also been a surge in retail and leisure space in the London Bridge area, which has grown from 28,000 to 253,000 square feet In response to the increasing demand for London Bridge property, typical grade A rents are 29% higher today than back in 2000 and are at a 15% premium to the previous market peak back in 2007 They have risen by 5% in the last twelve months to per square foot for typical grade A stock About REM London Bridge Quarter is managed by Real Estate Management (UK) Ltd (REM).REM provides asset management and development services to real estate investments in London. The company manages a 3bn investment portfolio comprising 2 million sq ft. of premium lettable space in mixeduse assets, and a 450million development pipeline. Page 6 of 7

7 REM s assets under management include Western Europe s tallest building The Shard and The News Building at London Bridge Quarter, and Park House in North Mayfair. REM has also established and owns London s newest visitor attraction The View from The Shard, the highest viewing gallery in Western Europe, which will attract c.1 million visitors per annum, and two development projects 48 Pall Mall in St James s and the Fielden House project at London Bridge Quarter. Established in 2012, REM s head offices are located at The Shard, 32 London Bridge Street, SE1 9SG. Page 7 of 7