The life sciences real estate sector demonstrates distinct leasing patterns that set it apart from traditional commercial real estate. The key difference is that leases are longer.
Setting the scene: exploring our database of life sciences leases
The life sciences sector in the UK demonstrates remarkably different leasing patterns from traditional commercial real estate. While standard office leases average just 44 months (3.7 years), retail leases 49 months (4.1 years), and industrial leases 52 months (4.3 years), life sciences properties command substantially longer commitments averaging 142.5 months (11.9 years).
