Investment in laboratory real estate continues to grow in Europe
Poland lacks rental properties for the life sciences sector, one of the fastest-growing areas of the economy, despite strong demand and higher rents. According to JLL, life sciences real estate in Europe is attracting double-digit investment growth, but still accounts for only 1-2% of transaction volume compared with offices, warehouses, and housing.
In Poland, commercial laboratory space totals about 52,000 sqm, plus 74,000 sqm of adjacent office space, and is almost fully occupied. JLL research shows that 65% of biotech firms plan to expand, while 47% struggle to find suitable labs.
Limited access to laboratory space is slowing growth for 55% of companies. Warsaw faces the biggest shortage, as most available space is public or owner-occupied.
(pb.pl)