Global online retailer Matchesfashion.com has expanded its headquarter's presence in The Shard by fourty per cent.
Just six months after moving in, Matchesfashion.com now occupies a total of 48,036 sq ft in The Shard. The global luxury retailer has taken an additional 13,153 sq ft on a 10 year lease and will take occupation during Q1 2017.
Duff & Phelps and Foresight have similarly taken additional space in The Shard. The role the building has played in drawing new business targets and clients to the company’s office space led Foresight’s founder Bernard Fairman to coin the term “The Shard Effect”.
Almost all of The Shard’s 600,000 sq ft of office space has now been let.
The news follows last month’s announcement that The Kraft Heinz has taken 38,000 sq ft of space on Levels 20 and 21 on a 12-year lease to relocate its European and UK headquarters from Hayes, Middlesex, to The Shard in Q2 2017.
The Shard is home to 29 companies operating across a diverse range of business sectors including energy, retail, finance, technology, healthcare and professional services. London Bridge Quarter is now 97% let.
Irvine Sellar, The Shard’s developer, co-owner and vice-chairman of REM, commented:
“Matchesfashion.com is a highly-respected and progressive fashion company that continues to enjoy significant business growth. The Shard is a pull factor for business visitors while transport connectivity and local amenities are high on the list of priorities to satisfy employees. This has had a positive impact on our occupiers, but is also indicative of the quality of the businesses from different industries that The Shard attracts. We have a responsibility to support our 29 diverse occupiers, so we are considering holding back some of the limited remaining space for existing businesses that are already committed to this rich and inspiring location.”
Tom Chapman, Co-Executive Chairman Matchesfashion.com, added:
“Since moving our Global HQ to The Shard in June 2016, we have seen continued growth acceleration of the business. As a result, we require additional space to support MATCHESFASHION.COM to offer an inspiring working environment to the many diverse and talented people that are driving the success of the business.”