Asia Pacific attractive for life-science occupiers, report finds

Life-science occupiers are flocking to the Asia Pacific region, lured by its proximity to quality talent and strong consumer markets, according to a recent report from JLL.

The survey gathered insights from life-sciences organizations about their views on the sector’s outlook, its implications on their future real estate needs and the opportunities emerging for real estate developers, occupiers and investors.

JLL found that the life-science sector’s profile and profitability, boosted by the pandemic, is further driving confidence for the future. More than three quarters of the corporate real estate and facilities management professionals surveyed by JLL believe the outlook for life sciences in the region will improve between now and 2025.

Occupiers in the sector are not only looking to take up more space but are also increasingly seeking longer leases or ownership to secure quality, specialized space for the long term.

To download the full report, cli