Commenting on the official inauguration of The Shard in London today, Stephen Barter, Director from KPMG’s Real Estate practice said : “We are delighted to see that this iconic landmark addition to the London skyline has been finished on time. The real test now will be the markets appetite for the office space, given current conditions and the development under construction within the Square Mile. The impact of the Shard in creating a new commercial quarter around London Bridge Station is already being felt.”
Richard Reid Chairman for KPMG in London added : “The Shard is not only symbolic of confidence in London as a vital business centre, but it is a tremendous new feature on the tourist map and, most importantly, will regenerate a whole new quarter of the City.”
ENDS
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About KPMG
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with nearly 11,000 partners and staff. The UK firm recorded a turnover of £1.6 billion in the year ended September 2010. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 150 countries and have more than 138,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.
