B
oston and San Francisco lead the pack as the top two life science markets globally, according to a recent report by Savills. The US cities are followed closely by emerging hotspots Houston and Atlanta. In the US, life sciences venture capital funding is on the rise, with companies using cash reserves for strategic acquisitions.
Developers are struggling with oversupply and weakening demand, leading them to offload their life sciences inventory or market it as office space. Despite fewer deals in 2024, venture capital funding has increased by 20% year-over-year, indicating more significant investments. Mergers and acquisitions have surged by 92.6% from Q3 2023 to Q3 2024, with both large pharmaceutical companies and startups engaging in deal-making activity.
realestate
Boston Tops Global Life Sciences Market, Followed by San Francisco
Life Sciences Firms Rethink Real Estate Strategies for Talent Access and Market Success
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realestate
Bay Area Real Estate Executives Sentenced for $55 Million Scam
Tax evasion scheme ran from 2018-2022 using falsified income reports.
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realestate
Kushner brother tapped for French diplomatic post
Charles Kushner, founder and chairman of Kushner Companies, tapped by Trump for US Ambassador to France.
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realestate
Bay Area Real Estate Executives Sentenced for $55 Million Scam
Tax evasion scheme ran from 2018-2022 using falsified income reports.