Intelligent Investment

London Market

Global Life Sciences Atlas

April 11, 2025 5 Minute Read

commercial-real-estate-London

Overview

  • London has all the elements of a strong global life sciences hub, with three of the world’s leading universities for biomedical sciences—UCL, King’s College and Imperial College—located within the city. The city’s deep capabilities include top research institutions (the Francis Crick Institute, the Wellcome Trust, the Institute of Cancer Research) and multiple world-renowned hospitals (Guy’s and St Thomas’ and The Royal Marsden).
  • From a funding perspective, venture capital investment into London for life sciences topped all European markets for several years, before falling behind a surge of funding in Cambridge in 2024. The years-long trend of abundant funding has attracted a wave of real estate investment and development, with 2.7 million sq. ft. currently under construction.
  • London has multiple micro clusters, with the King’s Cross Knowledge Quarter being the most recognized and mature. Known for its blend of science and technology capabilities, it has a rich talent pool that many companies are keen to access.
  • This trend signifies the maturing of London’s life sciences ecosystem, with early-stage companies increasingly progressing to later stages of funding.

Submarkets

London-Submarket-Map

Life Sciences Venture Capital Investment Trends

Figure 1: Life Sciences Venture Capital Funding

Source: Pitchbook, CBRE Research, Q1 2025.

Life Sciences Market Stats

Figure 2: Inventory Lab/R&D

Source: Pitchbook, CBRE Research, Q1 2025.

Development Pipeline or Activity

Figure 3: 2024 Lab/R&D Deliveries

SSource: Pitchbook, CBRE Research, Q1 2025.

Figure 4: Life Sciences Development Pipeline

Source: Pitchbook, CBRE Research, Q1 2025.
  • AstraZeneca
  • Arrow Therapeutics
  • Avacta Therapeutics
  • AviadoBio
  • Autolus
  • Benevolent AI
  • DeepMind
  • GSK
  • Google
  • hVIVO
  • Link Biologics
  • MSD
  • Novartis
  • Pacific Bio
  • Symouis
  • Biomedical Research Centre
  • Guy’s and St Thomas’ Hospital
  • Imperial College London
  • Institute of Cancer Research
  • King’s College London
  • The Alan Turing Institute
  • The Francis Crick Institute
  • The Royal Marsden Hospital
  • University College London
  • University College London Hospital
  • Wellcome Trust

Global Life Science Markets

  • Local Response | Intelligent Investment

    Cambridge, UK Market

    April 11, 2025

    commercial-real-estate-Cambridge UK80

    Cambridge boasts one of Europe’s most advanced life sciences hubs.

  • Local Response | Intelligent Investment

    Oxford Market

    April 11, 2025

    commercial-real-estate-Oxford-hero

    The Oxford cluster is one of the most established science and innovation ecosystems in Europe. The availability of early-stage and venture capital funding has contributed to its rapid growth over the last several years.

  • Local Response | Intelligent Investment

    Paris Market

    April 11, 2025

    commercial-real-estate-Paris

    Paris is at the epicenter of the French life sciences cluster, benefitting from an influx of government and private funding to support healthcare initiatives.