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Pandemic prompts European life sciences real estate rush

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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FOCUS-Pandemic prompts European life sciences real estate rush

6 Min Read
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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Pandemic prompts European life sciences real estate rush

Pandemic prompts European life sciences real estate rush
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

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PlaceTech | Bruntwood SciTech makes Cambridge debut

Karl Tomusk
Bruntwood SciTech has expanded into the UK’s ‘golden triangle’ of elite research universities, acquiring a £46.2m long leasehold of Melbourn Science Park in Cambridge from tech and product development company TTP.
The deal will see Legal & General and Bruntwood, the joint venture partners behind Bruntwood SciTech, form a strategic partnership with TTP and work with the local planning authority to develop a masterplan for the 16.4-acre site.
Launched in 2018, Bruntwood SciTech started life as a portfolio of eight sites in the North and the Midlands with ambitions to expand to other parts of the country and add 6m sq ft of sites over 10 years. ....

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