Good morning,
Our recent analysis, Staying power, asks where European life sciences real estate deals really happen. Of some 480 locations with deals since 2022, just 80 keep coming back, and 20 of them account for almost half of all deals.
We have 13 deals this week, taking in the start of work on Mitsui Fudosan's £1.1 billion British Library extension in London and the laying of the foundation stone for CHU de Bordeaux's €87 million biology and pathology institute in Pessac. Let's dive into it.
In today's free edition:
🇬🇧 Mitsui Fudosan starts £1.1 billion British Library extension
🇫🇷 Foundation stone laid for €87 million Nouvelle-Aquitaine lab
🔒 For paying members only:
🇮🇪 €350 million deal for Irish primary care operator
🇪🇸 Polish group to invest €100 million in Catalonia
🇫🇮 Orion expands quality control lab in Southwest Finland
🇳🇱 University opens 27,500 sq m North Holland lab
🇪🇸 Way cleared for Catalonia university research buildings
🇬🇧 Former South East cancer centre to reopen
🇩🇪 €7.2 million business park expansion completed in Saxony
🇮🇪 Works begin on €5.6 million Munster pharma expansion
🇳🇱 Cell manufacturing firm moves to Utrecht lab building
🇵🇹 Affidea opens €3.5 million Lisbon laboratory
🇬🇧 North West science park offers lab suite
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Enjoy today's newsletter,
Stephen Ryan
🇬🇧 Mitsui Fudosan starts £1.1 billion British Library extension in London
In September 2026, Mitsui Fudosan started work on the £1.1 billion extension to the British Library at St Pancras, with Stanhope as development manager.
The scheme comprises a 100,000 sq ft library extension and over 600,000 sq ft of commercial space aimed at the life sciences sector, including lab-enabled offices, on a site north of the library next to the Francis Crick Institute.
The British Library will grant a long lease of the land to SMBL, a Mitsui Fudosan subsidiary.
Mace is construction manager, and completion is targeted for 2032.
It is Mitsui Fudosan's first life sciences development in Europe.
🇫🇷 CHU de Bordeaux lays foundation stone for €87 million biology and pathology institute in Pessac
CHU de Bordeaux laid the foundation stone on 2 September 2026 for its Institut de biologie et de pathologie at Hôpital Haut-Lévêque, Pessac. The 15,000 sq m, five-storey building will bring together 13 laboratory services currently spread across several sites.
Investment exceeds €87 million, including €68 million of works and €15 million of biomedical equipment. The CHU also signed a €70 million loan with Banque des Territoires.
Eiffage Construction leads the €50.8 million design-and-build contract with TLR Architecture and Celnikier & Grabli Architectes. Opening is due mid-2028.
The project is one of 26 operations in the hospital's Nouveau CHU modernisation programme.
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