Monday 1 September 2014 – Media Release

Local Procurement Network Generates over £1.5million for South London Businesses

An initiative to boost business for companies in South London has generated over £1.5 million in contracts for local enterprises in less than two years.

The South London Procurement Network (SLPN), which was established by Shell Centre redevelopers Qatari Diar and Canary Wharf Group plc, has worked with South London SMEs (small and medium sized enterprises) across a range of different sectors, generating multiple leads and contract wins in the area since its inception in 2012.

During that time, the SLPN has registered over 800 SMEs, and assisted 300 of them in becoming ready and equipped to tender for contracts from major companies.

Portia Chivanga, Managing Director of Rayman and Thomas Ltd, the Waterloo-based hotel support services agency, has been awarded a contract with a luxury hotel group, worth £500,000, through contacts she built through SLPN.

The agency first met SLPN through one of the its regular business networking events, and was subsequently provided with advice and support on developing their business and tendering for contracts. Rayman and Thomas have gone on to independently win further contracts worth over £1 million.

SLPN has supported other businesses within the area, from introducing Catering2Order, a catering company in South London, to potential clients; and helping Cam Support, a cleaning and maintenance business which specialises in high rise buildings, quote over £200,000 of business for local suppliers.

Alexandra Webb, Manager of the South London Procurement Network, says:

“There is a wealth of business opportunities for SMEs in Lambeth and across South London if they can make the connection with the many buyers in the area who are tendering for contracts. The role of our Network has been to make those links a reality and so to stimulate business and employment in this important part of London.

“We’re thrilled to have reached the £1.5 million mark in less than two years, and we’ve already set our sights on doubling that and so helping to boost business success in South London.”

The SLPN regularly hosts networking events and workshops to help small businesses get established and meet potential buyers in South London.

It has continued its commitment to business in the local area through its sponsorship of the 2014 Business of the Year award – part of this year’s Best of Business Awards held by Lambeth Council. The award ceremony takes place this Thursday 4 September, 2014.

ENDS

For further media enquiries, please contact:

Press Office
Canary Wharf Group plc
T: 020 7418 2000
E: pressoffice@canarywharf.com

Notes to editors

About the South London Procurement Network

The South London Procurement Network was launched on 11 October, 2012. A not-for-profit organisation, it is based at Waterloo Business Centre at 117 Waterloo Road, SE1 8UL. The SLPN works with small to medium enterprises (SMEs) in the Borough of Lambeth and also more widely across South London to help them access and bid for contracts from major businesses and projects.

About Canary Wharf Group plc:

Canary Wharf Group plc is an integrated property development, investment and management group of companies. It is focussed on the design, construction, leasing and management of grade A office space and high-quality retail, residential and leisure facilities in central London. Over the past 20 years Canary Wharf Group has regenerated derelict wharves into one of the world’s premier business and shopping districts, constructing over 16m sq ft of office space; more than any other company in London. These buildings are now occupied by over 100,000 people.

Canary Wharf Group’s tenants, clients and occupiers include some of the world’s leading business organisations from the media, legal, accounting, financial services, IT, energy and transport sectors. Canary Wharf Group has also developed and successfully let over 300 shops, bars, cafes and restaurants including many of Britain’s leading brands.

In addition to development on the Canary Wharf Estate, the Group is also involved with projects across London. The Pan Peninsula and Drapers Gardens developments have been successfully completed and construction continues on 20 Fenchurch Street (Walkie Talkie) in the City of London which is already 87% let. The Group is also in a joint venture with Qatari Diar for the redevelopment of the Shell Centre on London’s South Bank. www.canarywharf.com

About Qatari Diar Real Estate Investment Company:

Wholly owned by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, Qatari Diar Real Estate Investment Company was established in February 2005 to support Qatar’s growing economy and to co-ordinate the country’s real estate development priorities. Qatari Diar is currently involved in more than 39 signature projects in more than 21 countries around the world with a combined value of over $35bn. Qatari Diar is becoming established as one of the world’s most trusted and respected real estate companies because of its commitment to quality, local community, partnership and hallmark sustainability. Qatari Diar’s hallmark vision of sustainable development places community and local traditions at the forefront. The company aims to create and manage property investments and developments which not only comply with the best international standards, but which also strongly reflect local culture and values. As a result, Qatari Diar’s projects deliver a distinctive and sustainable social, economic and environmental benefit to the community. In addition, Qatari Diar often enables local and international developers and investors to partner in its projects, and to work together in exploring other opportunities, both locally and internationally. www.qataridiar.com