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A Russian-owned, UK construction company, Pazhar Zvezdy Ltd has been wound up by the courts for failing to pay recruitment agencies for their payroll

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 star...

6 Min Read 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 populat...