In the real estate sector, Life Sciences refers to the development, leasing, and investment in properties specifically designed for companies in biotechnology, pharmaceuticals, medical research, and healthcare innovation.
Key Characteristics of Life Sciences Real Estate:
- Specialized Infrastructure: These buildings often require lab space, clean rooms, advanced HVAC systems, high ceilings, and backup power.
- Flexible Design: Spaces are often adaptable to changing research or regulatory needs.
- Locations: Typically clustered near universities, research hospitals, or innovation hubs (e.g., Boston, Cambridge UK, Basel).
- Tenants: R&D firms, biotech startups, pharmaceutical giants, and research institutions.
Investment Perspective:
Life sciences real estate has become a fast-growing and resilient asset class, offering long-term leases, strong tenant demand, and low vacancy rates—particularly appealing to institutional investors.