Cost model: Repurposing offices to labs
By Alison Wring The need for laboratory space is soaring, driven by the booming life sciences sector. For developers and landlords hit by declining demand for offices, this provides an opportunity. Aecom’s Alison Wring assesses the cost considerations of repurposing offices for laboratory use and provides a typical cost breakdown 01 / The growing demand for laboratory space Life sciences is the third most likely sector to see investment grow this year, according to the European Emerging Trends in Real Estate 2021 from the Urban Land Institute and PwC. From a UK perspective, several fac...
Source: building.co.uk