How much is my life sciences property worth?
The value of your life sciences property can be split into three parts. Firstly is the property's characteristics, i.e. where is the asset located, is the property a repurposed or a new build, what proportion of the property is lab space and what type of lab space is provided. The second are the occupational factors, i.e. who is the property let to, how much rent is being paid, how long left do they have on the lease, and what is the likelihood that the tenants will renew. Lastly, is the performance of the local, regional, national, and global life sciences markets. The above are only a handful of the aspects that could impact property value, which we will diligently review before arriving at our opinion of value. We value significant amount of space for some of the leading investors, developer and lenders in the market which provides us with valuable market leading insight and enables us to accurately value life sciences assets. Get in touch with a Life Sciences Valuation expert today.