Dentons and SAP sign leases at Place Ville Marie

[Pages:3]PRESS RELEASE

FOR IMMEDIATE RELEASE

Dentons and SAP sign leases at Place Ville Marie

A first in Canada: the Place Ville Marie (PVM) business campus obtains the WELLTM Health-Safety Rating

Montr?al, January 21, 2021 ? Ivanho? Cambridge is proud to announce SAP Canada, the market leader in enterprise application software, will occupy more than 6,030 m2 (65,000 ft2) on the 16th and 17th floors of 5 PVM as of the summer of 2021, enabling its 1,000 employees to collaborate in high-quality space connected to the heart of the city. In addition, Dentons, the world's largest law firm, will remain on the 38th and 39th floors of 1 PVM for the next 15 years with a lease of 4,645 m2 (50,000 ft?). The offices will be completely redesigned to accommodate its members.

"Even though the pandemic created an unprecedented situation for office buildings in 2020, a number of large companies, such as Dentons and SAP, are choosing to move into AAA offices, which are still very much in demand," said Nathalie Palladitcheff, President and Chief Executive Officer of Ivanho? Cambridge. "The PVM campus offers dynamic, collaborative and flexible workspaces that help maintain and strengthen the corporate culture, as well as high-end services sought by the multitude of businesses that are already drawn to the heart of downtown Montr?al."

"With over 200 members, Dentons' Montr?al office has been located at PVM for over 35 years. The ideal location of this emblematic tower, close to all services, and its spacious and bright premises are highly appreciated by our people. This continuity will allow us to maintain central access to our offices and to begin modernizing our workspaces by integrating new technologies as well as collaborative and versatile areas in a sophisticated and stimulating environment," said Claude Morency, Managing Partner of Dentons' Montr?al office.

"In choosing to move to 5 PVM, we did so with our employee experience in mind," added Cindy Fagen, Managing Director at SAP Labs Canada. "PVM is an iconic campus in the heart of the city, accessible by many modes of transportation, hosts a multitude of services and a vibrant and innovative workplace. We look forward to building a flexible space that responds to the evolving expectations employees have for their work environment, at our new home at Place Ville Marie."



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A business campus with the WELL Health-Safety Rating Ivanho? Cambridge is the first company in Canada to obtain the WELL Health-Safety Rating for Facility Operations and Management, for its PVM business campus.

As a standard of trust and excellence, the WELL Health-Safety Rating, validated by a third party, Green Business Certification Inc., demonstrates that Ivanho? Cambridge has adopted the industry's highest standards for cleaning and sanitization, emergency preparedness, health service resources, and air and water quality management, to respond to the pandemic and to meet the future needs of PVM's occupants.

About SAP SAP's strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP? system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and f osters collaboration that helps them stay ahead of their competition. We simplify technology f or companies so they can consume our software the way they want ? without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit .

About Dentons Dentons is the world's largest law f irm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit f rom deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons' innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

About the International WELL Building Institute The International WELL Building Institute (IWBI) is leading the global movement to transform our buildings, communities and organizations in ways that help people thrive. WELL v2 is the latest version of it s popular WELL Building Standard (WELL), and the WELL Community Standard pilot is a district scale rating system that sets a new global benchmark f or healthy communities. WELL is f ocused exclusively on the ways that buildings and communities, and everything in them, can improve our comfort, drive better choices, and generally enhance, not compromise, our health and wellness. IWBI mobilizes the wellness community through management of the WELL AP credential, the pursuit of applicable research, the development of educational resources, and advocacy for policies that promote health and wellness f or everyone, everywhere. For more inf ormation about IWBI and WELL, visit us here.

About Ivanho? Cambridge Ivanho? Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban f abric in dynamic cities around the world. It does so responsibly, with a view to generating long-term performance. Ivanho? Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint. Ivanho? Cambridge invests alongside strategic partners and major real estate funds that are leaders in their markets. Through subsidiaries and partnerships, the Company holds interests in more than 1,000 buildings, primarily in the industrial and logistics, office, residential and retail sectors. Ivanho? Cambridge held C$64 billion in real estate assets as at December 31, 2019, and is a real estate subsidiary of the Caisse de d?p?t et placement du Qu?bec (en), one of Canada's leading institutional f und managers. For more inf ormation: .

Information: Ivanho? Cambridge Media line: +1 866-456-3342 media@



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