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An update from Life Science Reit Plc ( (GB:LABS) ) is now available.
Life Science REIT has successfully leased 5,100 sq ft of laboratory space at Rolling Stock Yard in London to CFDX Ltd, marking full occupancy of the building. This move highlights the company’s ability to meet the precise needs of leading life science firms and taps into the strong demand for quality lab spaces in prime locations, reinforcing its strategic position in the UK life science property market.
More about Life Science Reit Plc
Life Science REIT plc is a specialist property business focused on the UK’s growing life science sector, with a portfolio located in the ‘Golden Triangle’ of research and development hubs across Oxford, Cambridge, and London’s Knowledge Quarter. The company aims to be the preferred property provider for life science companies in the UK, addressing the high demand for laboratory space driven by structural factors like an ageing population and technological advancements.
YTD Price Performance: -11.32%
Average Trading Volume: 676,419
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £118.3M
See more insights into LABS stock on TipRanks’ Stock Analysis page.
