Director of London’s Francis Crick Institute, Paul Nurse. Photo: Francis Crick Institute website
The UK on Wednesday announced a new tweak to its immigration system that will allow fast-tracked entry for top science stars into the country.
The new visa covers winners of Nobel prizes in physics, chemistry or medicine; the Fyssen international prize in behavioural science; the Turing Award for breakthroughs in computer science; and the Fields medal for mathematics.
Select people from engineering and social sciences are also eligible, in a list that also allows speedier entry too for film, television, fashion, architecture and dance stars.
The initiative marks the UK’s latest move towards a post-Brexit immigration system and is intended to help the country continue to attract top talent, after freedom of movement between the UK and EU ended with Brexit.
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But the COVID-19 pandemic has fast-forwarded the script.
“Life sciences have never been more under the spotlight because of what we’ve all had to endure,” Peter Ferrari, chief executive of real estate investor AshbyCapital, told Reuters.
In January, together with Montrose Land, AshbyCapital bought an Edwardian building near the Crick bio-medical research center in the heart of the Knowledge Quarter life sciences hub.
The building, which should be fitted out for rental to life science tenants in 2024, was AshbyCapital’s first investment in the sector and Ferrari hopes it will be a starting point for taking on “one or two more” similar projects.
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LONDON (Reuters) - London’s Francis Crick Institute was already a magnet for investors in the capital’s so-called Knowledge Quarter, but the coronavirus pandemic has lifted interest in offices and laboratories dedicated to life sciences to a new level.
Computer-generated imagery of Oxford University s planned Life and Mind Building is seen in this undated handout photo. Courtesy Arqui9/ NBBJ/Handout via REUTERS
Investors have been drawn into European real estate dedicated to life sciences, which spans sectors such as biomedical devices and pharmaceuticals, by an ageing population and strong academic research in the region.
But the COVID-19 pandemic has fast-forwarded the script.