But the COVID-19 pandemic has fast-forwarded the script.
“Life sciences have never been more under the spotlight because of what we’ve all had to endure,” Peter Ferrari, chief executive of real estate investor AshbyCapital, told Reuters.
In January, together with Montrose Land, AshbyCapital bought an Edwardian building near the Crick bio-medical research center in the heart of the Knowledge Quarter life sciences hub.
The building, which should be fitted out for rental to life science tenants in 2024, was AshbyCapital’s first investment in the sector and Ferrari hopes it will be a starting point for taking on “one or two more” similar projects.
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LONDON (Reuters) - London’s Francis Crick Institute was already a magnet for investors in the capital’s so-called Knowledge Quarter, but the coronavirus pandemic has lifted interest in offices and laboratories dedicated to life sciences to a new level.
Computer-generated imagery of Oxford University s planned Life and Mind Building is seen in this undated handout photo. Courtesy Arqui9/ NBBJ/Handout via REUTERS
Investors have been drawn into European real estate dedicated to life sciences, which spans sectors such as biomedical devices and pharmaceuticals, by an ageing population and strong academic research in the region.
But the COVID-19 pandemic has fast-forwarded the script.
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Tribune-Star staff report
Dec 13, 2020
The following individuals were booked into the Vigo County Jail by area law enforcement Tuesday, Wednesday, Thursday and Friday, based on jail records. Charges are recommended by arresting officers but are not final until the Vigo County prosecutor reviews the case and files official charges.
Tuesday
⢠Paul J. Blitz, 31, 600 block of South Seventh Street, West Terre Haute. Booked 10:49 a.m. Intimidation and invasion of privacy.
⢠Amber N. Nunley, 31, 1200 block of North Taylor Road, Oaktown. Booked 3:32 p.m. Robbery while armed with deadly weapon or resulting in bodily injury, theft and pointing loaded firearm at another person.