“In a fast-changing world, life sciences occupiers reassess how real estate strategies can help them to stay ahead of the competition by accessing the right talent, delivering product to market, supporting cost optimization, and driving environmental sustainability,” noted Savills Research in its November report, Spotlight On The Life Sciences Sector.
The report examines the top 30 life sciences markets in the firm’s global index, identifying industry-leading clusters based on key macro- and micro-factors shaping location strategy: access to talent pipeline, including cost of talent; R&D investment and output; venture capital levels; business environment; cost of living and lifestyle factors; and property costs.
Key takeaways include the following:
The United States holds eight of the top 10 locations for life science occupiers in Savill’s global index. Boston ranks first, followed by San Francisco, and the United Kingdom’s Golden Tr