Intelligent Investment

Shanghai Market

Global Life Sciences Atlas

April 11, 2025 5 Minute Read

commercial-real-estate-Shanghai

Overview

  • Shanghai stands as one of China’s two comprehensive life sciences clusters, alongside Beijing, offering a spectrum of research and development (R&D), manufacturing, medical technology and front office or headquarters corporate space.
  • Shanghai’s life sciences ecosystem is anchored by one of the largest life sciences business parks in Asia, Zhagnjiang Science City.
  • Lingang Life Sciences Park is a newly developed area experiencing significant construction, particularly for domestic biopharma companies. Ultimately, roughly 20 million sq. ft. is planned for this area.

Submarkets

Shanghai-Submarket-Map-2

Industry Presence

  • Total leasable space in main clusters of Beijing

Figure 1: Leasable Area of Science Park Life Sciences Space

Source: CBRE Research, Q4 2024.
* Rough approximations of leasable areas; Lingang mostly planned.

Life Sciences Venture Capital Investment Trends

Figure 2: Life Sciences Venture Capital Funding

Source: Pitchbook, CBRE Research, Q1 2025.

Life Sciences Market Stats

Figure 3: Asking Rents for Science ParkLife Sciences Space

Source: CBRE Research, Q4 2024.
  • Amgen
  • AstraZeneca
  • Bayer
  • Eli Lilly
  • GSK
  • Johnson & Johnson
  • Moderna
  • Novartis
  • Pfizer
  • Roche
  • Sanofi
  • Simcere Pharmaceutical
  • Fudan University
  • Shanghai Jiao Tong University
  • Shanghai University of Traditional Chinese Medicine
  • Tongji University

Global Life Science Markets

  • Local Response | Intelligent Investment

    Beijing Market

    April 11, 2025

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    Beijing is one of China’s two comprehensive life sciences clusters, alongside Shanghai, that offer a spectrum of research and development (R&D), manufacturing, medical technology and front office or headquarters space.

  • Local Response | Intelligent Investment

    Singapore Market

    April 11, 2025

    commercial-real-estate-Singapore

    Singapore is one of the few markets in Asia-Pacific with a full end-to-end value chain—manufacturing, research and development (R&D), sales and logistics.

  • Local Response | Intelligent Investment

    Greater Tokyo Market

    April 11, 2025

    commercial-real-estate-Tokyo

    Greater Tokyo offers Japan’s most comprehensive life sciences industry presence from research and development (R&D) to front office and headquarters locations.