De­spite mar­ket head­winds, life sci­ences re­al es­tate is still on the rise, new re­port says

While many com­pa­nies have turned to re­mote work­ing, leav­ing of­fice spaces emp­ty, sci­ence lab­o­ra­to­ries could be buck­ing that trend.

A bear­ish mar­ket and a de­crease in ven­ture cap­i­tal fund­ing and in­vest­ments may not ma­jor­ly af­fect the life sci­ences re­al es­tate in the long run, ac­cord­ing to a new re­port.

“In the life sci­ence sec­tor, the need for re­al es­tate has fared bet­ter than, say, tra­di­tion­al of­fice sit­u­a­tions where work-from-home schemes were im­ple­ment­ed and still are in play to­day with hy­brid work,” Eliz­a­beth Berthelette, di­rec­tor of re­search at New­mark who was in­volved in the re­search, told End­points News.

Endpoints News

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