Life Sciences Real Estate #90

Twelve deals this week across Germany, the UK, Denmark, Ireland and the Netherlands.
In:

Good morning,

We have 12 deals this week. Let's get straight into it.

In today's free edition:
๐Ÿ‡ฎ๐Ÿ‡ช Boston Scientific's โ‚ฌ75 million R&D expansion in Galway
๐Ÿ‡ฌ๐Ÿ‡ง Aviva completes 56,000 sq ft laboratory building in Essex
๐Ÿ‡ฉ๐Ÿ‡ช 26,000 sq m lab and office campus in Hamburg purchased

๐Ÿ”’ For paying members only:
๐Ÿ‡ณ๐Ÿ‡ฑ 50,000 sq m of laboratory space available at Utrecht Science Park Bilthoven
๐Ÿ‡ฌ๐Ÿ‡ง University of Birmingham receives ยฃ10 million for GMP cleanrooms
๐Ÿ‡ฌ๐Ÿ‡ง Guilford Street Laboratories expands into Mayde building, King's Cross
๐Ÿ‡ฉ๐Ÿ‡ช New research and laboratory building fully let in Wiesbaden
๐Ÿ‡ฉ๐Ÿ‡ช Fraunhofer EMI acquires plot at Green Industry Park, Freiburg
๐Ÿ‡ฌ๐Ÿ‡ง Graham begins ยฃ45 million UEL Stratford Health Campus building
๐Ÿ‡ฎ๐Ÿ‡ช Irish government approves three Next Generation Sites
๐Ÿ‡ฎ๐Ÿ‡ช Pharma-grade manufacturing facility for sale in Portlaoise
๐Ÿ‡ฉ๐Ÿ‡ฐ Alfa Laval breaks ground in Copenhagen

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Enjoy today's newsletter,
โ€” Stephen Ryan


Boston Scientific's โ‚ฌ75 million R&D expansion in Galway

Boston Scientific in Galway (source: bizbrief.ie)

Boston Scientific has announced a โ‚ฌ75 million investment to expand research and development capabilities at its Galway operation, supported by IDA Ireland, the Irish foreign direct investment agency.

It will finance the construction of new laboratory space for the design, development and testing of medical technologies in cardiovascular care.

Boston Scientific employs more than 7,000 people across three Irish bases in Galway, Clonmel and Cork, and manufactures more than 30 million devices in Ireland each year.


Aviva completes 56,000 sq ft laboratory building at Chesterford Research Park

Sidney Sussex Building at Chesterford Research Park (source: avivainvestors.com)

Aviva Investors has completed the Sidney Sussex Building at Chesterford Research Park in Essex, delivering more than 56,000 sq ft of multi-let laboratory and R&D space across three floors.

The three-storey building provides ten fully fitted suites ranging from around 2,200 sq ft to just over 8,300 sq ft, each combining wet laboratory space with open-plan office areas and dedicated same-level plant, with suites capable of being combined to accommodate larger requirements.

Completion of the Sidney Sussex Building increases Chesterford Research Parkโ€™s capacity to approximately 385,000 sq ft of net internal space.

The building was constructed by Glencar Construction and designed by BCR Infinity Architects.

๐Ÿ’ก
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Bayerische Hausbau acquires FLOW campus in Hamburg

FLOW campus in Hamburg (source: hausbau.de)

In Q1 2026, Bayerische Hausbau Real Estate acquired FLOW, a campus project in Hamburg's Alsterdorf district, from a joint venture between its sister company Bayerische Hausbau Development and Matrix Beteiligungsgesellschaft.

The intra-group transaction within the Schรถrghuber Group involves a scheme of around 26,000 sq m of lettable space, more than 80 per cent let on lease terms exceeding ten years.

The anchor tenant is medical technology and diagnostics group Sysmex, which has signed a lease for its EMEA headquarters until at least 2040, with an extension option to 2055.

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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