Life Science Reit Plc (GB:LABS) has released an update.
Life Science REIT Plc announces that Pro Cam UK Limited has renewed its lease for 4,300 sq ft at Cambourne Park Science & Technology Campus with a rent increase, signaling a robust demand for life science property spaces. The company’s ongoing creation of fully fitted labs is expected to yield significant returns, with over 90% of available space currently in negotiations or offers. This move consolidates Cambourne Park’s reputation as a premier life sciences hub, reflecting Life Science REIT’s strategy to support the sector’s growth.
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