Life Science Reit Plc (GB:LABS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Life Science REIT PLC has enhanced its footprint in the life sciences sector by securing a lease with quantum technology firm Infleqtion for 7,500 sq ft at Oxford Technology Park (OTP), marking the first fully fitted laboratory space at the park and achieving a record rent. This deal contributes to the company’s target to capture £2.9 million of ERV by March 2025 and underscores OTP’s emerging status as a hub for technology and life science businesses. The addition of Infleqtion aligns with Life Science REIT’s strategic vision to cater to a spectrum of companies from startups to global enterprises within the UK’s Golden Triangle of research and development.
For further insights into GB:LABS stock, check out TipRanks’ Stock Analysis page.
