Life Sciences Real Estate #63

20 transactions in eight countries, including Cork, Delft, Glasgow, London and Málaga, to name just a few.
In:

Welcome readers,

This week we have 20 deals across 8 countries: 8 from the UK, 5 from Germany, 3 from the Netherlands, 2 from Ireland, and 1 each from Spain and Switzerland. And wait till you see these deals, which run the gamut from €200 million biomedical research facilities breaking ground near Bayer's Berlin campus to French investors snapping up Dutch science campuses, not to mention Life Science REIT's UK portfolio being broken up.

We also take a peek at the life sciences and healthcare buildings that dominate this year's awards from ULI Europe.

🔒 Paying subscribers get all 20 deals • Everyone else can explore 2 of them → Get full access by subscribing here.

— Stephen Ryan (connect with me on LinkedIn)

Featured article of the week

Life sciences buildings dominate ULI awards shortlist

Ten projects from across EMEA have been announced as ULI Europe Awards for Excellence finalists, with life sciences claiming three spots.

Read the full article

Deals

Groundbreaking ceremony in Berlin (source: Bayer)

GERMANY BERLIN

Construction has commenced on the iQ space Berlin-Mitte biomedical research facility, developed by iQ spaces and UBS Asset Management with a value of approximately €200 million. The ten-storey building comprises 20,000 sq m of total space and is located near the Bayer Open Innovation Campus north of Berlin Central Station. Three lease agreements totalling 15,500 sq m were secured prior to construction commencement.

GERMANY COLOGNE

The Lipoid Group reached a milestone in 2025 with new logistics and production areas at its Cologne pharmaceutical facility ready for commissioning in 2026. The development spans more than 15,000 sq m and includes a modern production and laboratory complex, pharmaceutical warehouse, logistics and administration buildings, as well as a new steam generation and cooling water unit. The facility makes special fat-based ingredients that create tiny protective bubbles to safely deliver medicines and vaccines (like COVID mRNA vaccines) into the body.

Written by
Stephen Ryan
Stephen is an independent real estate researcher and CFA charterholder who founded Life Sciences Real Estate in 2022.

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