Good morning,
If you joined us recently, welcome. And if you’re one of our regular readers, thank you for reading — please hit reply if you have any feedback.
In today's edition:
- Noumed Life Sciences completes sale-and-leaseback of headquarters
- €500 million for life sciences-anchored asset in Dublin
- 🔒 Life Science REIT's portfolio drops in value
- 🔒 Sartorius gets new French HQ near Marseille
- 🔒 Austrian construction group snaps up healthcare specialist
- 🔒 Planning sought for Paddington Hub in London
- 🔒 France delivers seven new or expanded primary-care medical centres
(🔒 = for paying members only. Subscribe here to unlock).
— Stephen Ryan (connect with me on LinkedIn)
1. Noumed Life Sciences completes sale-and-leaseback of headquarters
One big thing: Noumed Life Sciences has completed a long-term sale-and-leaseback of its headquarters in Maidenhead, enabling the company to release capital while retaining operational control of its core site. The pharma manufacturing, packaging and distribution facility extends to 88,358 sq ft.
Why it matters: sale-and-leasebacks let life sciences owner-occupiers unlock capital without disrupting regulated operations.
What stays the same: Noumed remains in occupation under a 15-year lease, preserving continuity for staff and operations.
🔍 Need deeper insight into life sciences real estate?
In addition to this newsletter, we deliver bespoke research and strategic analysis for investors and developers — from acquisition support to market mapping and custom reporting.
Get in touch to discuss your next project.
2. €500 million for life sciences-anchored asset in Dublin
Deal details: in Q1 2026, Singapore sovereign wealth fund GIC, alongside operating partner Valor Real Estate, secured exclusivity on Horizon Logistics Park near Dublin Airport for around €500 million, implying a net initial yield of approximately 5 per cent on the standing income.
Description of asset: the campus extends to roughly 121 hectares and comprises around 158,000 sq m of completed logistics space, with a further 186,000 sq m of consented land for build-to-suit development.
Tenants: life sciences and healthcare distributors at the park include DHL Supply Chain (Life Sciences and Healthcare), UPS Healthcare, Kuehne+Nagel, Fynes Logistics, KWE and GLS Ireland. The wider campus also hosts a diverse mix of occupiers, combining pharmaceutical and healthcare users with a range of non-healthcare tenants.
👇 As a free member, you’re only seeing 2 of 7 deals this week.
Subscribers see them all so why not take a 14-day trial?
