>

SAP Invests More Than 200 Million Euros into Digital Campus in Berlin

Newsbyte

BERLIN SAP SE (NYSE: SAP) focuses on Berlin as an innovative location and therefore announced today that it will expand its presence in the capital.

In the next few years, the biggest business applications provider worldwide will invest more than €200 million in a campus near Berlin central station. There will be room for up to 1,200 employees to work at the more than 30,000 square meters in “Quartier Heidestrasse,” the so-called Europacity. The move into the digital campus is currently planned for end of 2022.

“SAP loves Berlin,” said SAP Chief Technology Officer and Berliner by choice, Juergen Mueller. “The capital and its tech ecosystem cannot be overlooked by us and our clients. This applies to the innovations of the future as well as to Berlin’s location as an important job market. Berlin, like no other capital, has a strong appeal beyond Europe.”

With the new location SAP strengthens technology areas such as artificial intelligence, machine learning and blockchain. It also highlights the significance of the capital region as an important place for dialogue with customers, politicians, startups and universities. Today, SAP is represented in the capital area through multiple office locations in Berlin-Mitte and Schoenefeld, SAP Data Space and the SAP Innovation Center in Potsdam.

Michael Mueller, governing mayor of Berlin, said: “SAP has played a key role in shaping Berlin’s transformation since reunification and its development into the digital capital in recent years, and has grown continuously here. The decision to develop a joint campus at Quartier Heidestrasse is fantastic news for its employees in Berlin and the city as a whole. It is also a strong signal for Berlin as a city of science and research. I am very happy about the new center of digital economy in the heart of the city and wish SAP all the best for the project.”

The Quartier Heidestrasse is a project of Taurecon Real Estate Consulting GmbH, which has signed a long-term lease agreement with SAP for the space. The building will be state of the art in technological innovation, offering visitors and employees smart building technology.

Thomas Bergander, managing director of Quartier Heidestrasse GmbH, on the conclusion of the contract said: “We are very happy that SAP will move into our office building QH Track in the Quartier Heidestrasse. This decision means not only that a digital hub will be created that fits our concept of a smart and digital Quartier perfectly, but it also means that the employees of SAP will have a great impact on the lively campus at Quartier Heidestrasse.”

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

Media Contact:
Benjamin Nickel, +49 331 97995-376, benjamin.nickel@sap.com, CET
SAP News Center press room; press@sap.com

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2019 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.