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Artificial intelligence and property technology are reshaping life sciences real estate, bringing fresh solutions for energy efficiency, security and space optimisation whilst enhancing laboratory operations. Read our analysis of these developments, along with the latest property transactions, from new builds to lettings and acquisitions:
✅ Germany: Darmstadt open for business
✅ Ireland: French investor targets Galway
✅ Spain: Stoneshield raising funds
✅ UK: Whitechapel masterplan gets consent
Read more below for all the details.
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New and extended assets
GERMANY MUNICH
A second Life Science Factory location is approaching completion at the Helmholtz Munich site in Munich-Neuherberg. The Munich location will extend to 1,800 sq m (19,400 sq ft) over one floor and will provide fully equipped laboratories and co-working spaces to start-ups. The facility welcomed prospective startup tenants for a tour on 4 November 2024, ahead of its planned opening in the first quarter of 2025. The first location in the Sartorius Quarter in Göttingen has been operating since January 2022.
IRELAND LEITRIM
Freudenberg Medical has announced 250 new jobs at its newly expanded facility in Carrick-on-Shannon, Co Leitrim. The global medical device manufacturer, supported by IDA Ireland and Údarás na Gaeltachta, expects to increase staffing levels at the Carrick-on-Shannon site by more than a third, reaching 950 employees by 2026. The announcement comes as part of the company's continued growth in Ireland, following their expansion in Galway last year.
UK CAMBRIDGE
In November 2024, Railpen opened the Glasshouse, a 307 sq m (3,300 sq ft) innovation hub, on the first floor of Botanic House in Cambridge. The facility will serve as a gateway connecting company founders with investors in Cambridge's innovation ecosystem, particularly in technology, life sciences, and engineering sectors. The hub will be managed by Innovate Cambridge.
