Intelligent Investment

Paris Market

Global Life Sciences Atlas

April 11, 2025 5 Minute Read

commercial-real-estate-Paris

Overview

  • Paris is at the epicenter of the French life sciences cluster, benefitting from an influx of government and private funding to support healthcare initiatives.
  • One of the emerging clusters is the Paris-Saclay Cancer Cluster (PSCC), which was created in 2022 by Paris-Saclay University, the Polytechnic Institute of Paris, Inserm, the Gustave Roussy Institute and Sanofi.
  • The life sciences real estate market remains undersupplied, with only 2.9 million sq. ft. of existing purpose-built lab/R&D spaces in the Paris region (excluding owner-occupier spaces). Due to the lack of immediate availability, some take-up occurred in light industrial stock, and some tenants/landlords are converting such premises into lab/R&D spaces. The future development pipeline will, however, ease this position in 2025 and beyond.
  • The effects of COVID-19 propelled a surge in venture capital investments in 2021. Subsequent funding momentum continued through 2023, but trailed off in 2024.
  • The broader growth trend in venture capital investments reflects the strong fundamentals and the growing attractiveness of the Paris life sciences ecosystem. The long-term strategic vision of President Macron’s €7.5 billion Health Innovation Plan 2030 will likely make Paris more attractive to investors.

Submarkets

Paris-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: CBRE Research, Q4 2024.

Development Pipeline or Activity

Figure 3: Life Sciences Development Pipeline (sq.ft.)

Source: CBRE Research, Q4 2024.
  • AGS Therapeutics
  • Cellvax
  • Eurofins
  • Immutep
  • Sanofi
  • Safran
  • Servier
  • Stilla
  • Svar
  • Theranovir
  • CNRS
  • Gustave Roussy
  • INRIA
  • IPPG Institute
  • La Pitié Salpêtrière Hospital
  • Paris Saclay Hospital
  • Paris-Saclay University
  • Polytechnique
  • South Île-de-France Medical Center (CHSF)
  • University of Évry-Paris-Saclay

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

    Leiden Market

    April 11, 2025

    commercial-real-estate-Leiden-hero

    The Leiden Bio Science Park is the Netherlands’ main life sciences cluster due to the strong pharma and healthcare presence and close proximity to Amsterdam and Schiphol Airport.

  • Local Response | Intelligent Investment

    London Market

    April 11, 2025

    commercial-real-estate-London

    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.