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Cost model: Repurposing offices to labs

By Alison Wring
The need for laboratory space is soaring, driven by the booming life sciences sector. For developers and landlords hit by declining demand for offices, this provides an opportunity. Aecom’s Alison Wring assesses the cost considerations of repurposing offices for laboratory use and provides a typical cost breakdown
01 / The growing demand for laboratory space
Life sciences is the third most likely sector to see investment grow this year, according to the European Emerging Trends in Real Estate 2021 from the Urban Land Institute and PwC. From a UK perspective, several factors have brought this sector into the spotlight: ....

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Back to the office in 2021? Here are ten things that will have changed

What does the office of the future look like? Here are experts top 10 guesses
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For some, it will soon be a year since the last time they set foot in an office. As the COVID-19 pandemic continues to sweep through countries, it is sometimes hard to remember that days were once punctuated by a daily commute, water cooler chats and afterwork drinks. But although the timeline is still unclear, offices will inevitably re-open in the future – leaving many wondering what kind of a workspace they will be stepping into on the day that they get to dust off their office shoes. ....

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