Breakthrough Properties, a leader in the progression and operation of workspaces for the life sciences, creates purpose-built Class A laboratory and work environments, promotes a greater number of user reports, and provides companies with its world-renowned Scientific Advisory Board (SAB).
To meet the call under development for a high-quality laboratory area in one of the most limited groups across the UK offering, Breakthrough intends to work collaboratively with local stakeholders to reposition itself in a way that respects and complements the long-term plan for John’s Innovation. Park.
“We are convinced of the long-term European life sciences market and actively explore opportunities to provide the most productive studies and progression services for the continued advancement of life-changing discoveries,” said Daniel D’Orazi, Executive Vice President and Chief Investment Officer, Revolutionary Properties. “We are excited to customers about the continued expansion in the Golden Triangle, where most of the UK’s life sciences investments occur. “
Justin Woolf, Managing Director of Tishman Speyer, added: “Backed by Tishman Speyer’s global progression expertise and Bellco’s close relationships with the world’s leading life sciences studies and progression companies, Breakthrough Properties has a unique location to design, create and world-class ecosystems. Looking to the future to participate in a regression of the Vitrum Building that aligns with the overall vision of the St. John’s Innovation Park. »
This acquisition marks breakthrough’s acquisition of the UK in 2022. In January, Breakthrough acquired the 1. 7-acre Trinity House site in Oxford, where it intends to create a purpose-built laboratory and Class A environment. With its latest acquisition, Breakthrough now has 4. 6 million square feet in its pipeline under structure and short-term progression in the U. S. USA and Europe.
Formed in 2019 as a joint venture between global real estate owner, expander and investor Tishman Speyer and biotechnology investment corporation Bellco Capital, Breakthrough Properties is a life sciences real estate development company that leverages cross-industry collaboration to deliver environments that foster innovation and clinical breakthroughs. . . Breakthrough Properties’ project is to acquire, expand and exploit the most productive life sciences housing in the world’s leading urban generation centers and clinical innovation in the fields of biogeneration, agriculture and nutrition. Breakthrough combines Tishman Speyer’s decades of delight in Real Estate Progression with Bellco Capital’s biotech entrepreneurial spirit to reinvent environments where corporations can create treatments that replace patients’ lives.
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