Welcome subscribers,
This week, we dissect how contract development and manufacturing organisations (CDMOs) and contract research organisations (CROs) strategically navigate property decisions, weighing facility control against market agility. Plus, we spotlight deals and developments across Europe:
✅ Germany: mixed-use building on KuDamm
🔒 Ireland: new ARC Hub
🔒 UK: Bruntwood SciTech secures £100 million
🔒 World: DHL invests €2 billion in life sciences logistics
(🔒 for paying members only)
Read below for full details.
— Stephen Ryan (connect with me on LinkedIn)
How CROs and CDMOs navigate real estate decisions
Life science CDMOs balance real estate ownership (73%) vs leasing (27%) based on financial, operational, and strategic considerations.
TRANSACTIONS
EUROPE VARIOUS LOCATIONS
Nuveen Real Estate is launching its fifth real estate debt fund with plans to raise up to £1 billion (€1.16 billion) in equity. The fund will continue the previous iteration's geographic focus by originating in the UK and Continental Europe, primarily in Spain, Germany, the Netherlands and Ireland. The fourth fund provided a €35 million (£30.2 million) senior secured loan to finance the One Helix life sciences asset in Amsterdam, developed by Breakthrough Properties. That fund is nearing full deployment after raising £500 million (€580.4 million) in equity.
GERMANY BAD BRÜCKENAU
Real estate entrepreneur Anton Schick has purchased the medical centre of the insolvent Medzentrum Bad Brückenau GmbH through his Schick Life GmbH company. The property provides approximately 1,800 sq m of usable area for medical practitioners. Under the new name SINNMED, Schick plans to complete the remaining work and offer customised spaces from 90 to 450 sq m to new tenants.
GERMANY BERLIN
Kurth Gruppe has acquired the mixed-use property at Kurfürstendamm 93 / Markgraf-Albrecht-Str. 2 in Berlin from HDI Group, which had owned the site since 1958. The fully let multi-tenant property comprises approximately 5,300 sq m of rental space, housing significant medical occupiers including Diagnostikum Berlin and Chimanos Diagnostic Center, which offer advanced imaging services including MRI, CT and digital X-ray technology. The building was constructed in 1966 and 1995 and was recently renovated.
👇 As a complimentary member, you get access to three deals for free.
Upgrade now to access the full list (15 more deals this week), including:
🔒 Ireland: new ARC Hub
🔒 UK: Bruntwood SciTech secures £100 million
🔒 World: DHL invests €2 billion in life sciences logistics
