Good morning,
We have thirteen deals this week plus a special feature from Spain. Let's jump in.
In today's free edition:
🇳🇱 AEW Europe acquires Symeres headquarters in Nijmegen sale and leaseback
🇪🇸 CaixaResearch Institute inaugurated with €100 million investment in Barcelona
🇬🇧 AstraZeneca receives planning approval in Cambridge
🔒 For paying members only:
🇳🇴 Drammen Helsepark advances phase two development
🇬🇧 British Land completes £150 million acquisition of Life Science REIT
🇪🇸 Danone to invest €40 million in Tres Cantos Science Hub, Madrid
🇬🇧 Practice Plus Group opens MRI suite at Birmingham hospital
🇬🇧 Scottish Enterprise advances Edinburgh BioQuarter
🇬🇧 Cellular Origins takes Da Vinci building at Melbourn Science Park
🇬🇧 Fleming Centre at St Mary's Hospital, Paddington receives planning approval
🇩🇰 FUJIFILM Biotechnologies opens GMP quality control laboratory in Hillerød
🇬🇧 OpenAI takes King's Cross space earmarked for Lilly life sciences hub
🇸🇪 EIB provides €20 million venture debt facility to BioLamina in Stockholm
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Enjoy today's newsletter,
— Stephen Ryan
San Sebastián: a growing centre for life sciences investment and innovation
The combination of specialised venture capital, advanced technological capabilities and purpose-built real estate is transforming San Sebastián into an increasingly relevant hub for life sciences and deep tech in Europe.
AEW Europe acquires Symeres headquarters in Nijmegen sale and leaseback
AEW Europe has acquired a 5,600 sq m life science property in a sale and leaseback with Symeres, a pharmaceutical research and manufacturing company, at the Kerkenbos business park in Nijmegen, on behalf of a strategy for French retail investors.
The asset comprises two interconnected buildings with 80 per cent laboratory space and 20 per cent office space, and will continue to serve as Symeres's headquarters.
The company, which originally developed the property in 2006, has signed a new 20-year inflation-indexed lease. The asset is situated close to Radboud University and the University Medical Center.
AEW Europe was advised by JLL and Greenberg Traurig; the seller by CBRE and NautaDutilh.
CaixaResearch Institute inaugurated with €100 million investment in Barcelona
Fundación "la Caixa" has inaugurated the CaixaResearch Institute, the first centre in Spain dedicated entirely to immunology, with an investment of around €100 million in a new 20,000 sq m complex.
The centre will progressively incorporate research groups and is expected to host around 500 professionals when at full capacity.
Its mission is to advance understanding of the immune system and to develop more precise diagnostics and therapies in areas such as infectious and neurological diseases and cancer, including vaccine-related research within this immunology focus.
Fundación "la Caixa" is a banking foundation funding major social, cultural and scientific programmes.
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AstraZeneca receives planning approval in Cambridge
AstraZeneca has received planning approval for a six-storey, 12,000 sq m office and conference building on a 2.2-hectare site on Francis Crick Avenue at the Cambridge Biomedical Campus, around 150 metres from the forthcoming Cambridge South station.
Designed by Jestico + Whiles, the building will provide office space for more than 700 staff alongside a 200-person conference centre, a 450-seat auditorium and a 110-cover restaurant.
It will be positioned just south of AstraZeneca's Herzog & de Meuron-designed headquarters. Other consultants include Ramboll, Bidwells and Gillespies.
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