The UK life sciences sector is on a fast-growth trajectory and is now central to the UK’s economic growth throughout the 2020s. As the sector grows, the real estate supporting it is changing and adapting, attracting increased level of capital and equity.
Government spending on research and development will increase to £20bn in fiscal year 2024 -2025, the largest increase in spending ever seen. Recent investments and initiatives demonstrate the Government's focus on sector growth, from the £520m funding package for life sciences manufacturing announced in the most recent Autumn Statement to changes to R&D tax credits and clinical trials accelerator schemes.
Public and private investment is accelerating as a result of the Covid-19 pandemic. But this is only part of the picture. Technology and data, open innovation, next wave manufacturing, ESG and emerging fields of science are transforming the market.
These forces are all shaping the sector and are having significant impact on landlords, investors, developers, occupiers and operators of science real estate.
Our UK network of offices is aligned to the life sciences sector, operating across London, the Golden Triangle and the UK Cities markets where innovation and research ecosystems thrive.
Whatever your requirements, our team of market experts, supported by deep research capabilities, can help meet your real estate demands within the life sciences sector. We offer:
- Strategic and transactional capital markets advice for owners and investors.
- Development consultancy, pre-letting and transactional support for owners and developers.
- Portfolio and transactional support for occupiers, from strategic consultancy to tenant representation, reducing cost, driving efficiencies, managing risk, utilising technology to attract talent.
- Market leading sector focussed research, providing a deep understanding of the sector dynamics that will shape real estate requirements.
- A full range of consultancy services, inlcluding valuations, strategic planning, asset management, debt and finance.