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Evening Standard
Evening Standard
Business
Joanna Hodgson

Life sciences offer an alternative future for some of London’s offices

Much of the property market has had a turbulent first half of the year, with residential investors cautiously watching how the UK’s mortgage crisis will play out and London office landlords collectively seeing lettings tumble. In addition the ‘gold rush’ for warehouses in the capital that took place during the pandemic has calmed.

On top of that, there is a less traditional sector that has not been immune to economic uncertainty: life sciences, the “alternative” property division behind labs and offices for specialist firms.

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