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ARTICLE · 26 JULY 2018

Drafting Leasing Agreements For Tenants In The Life Sciences Sector

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When drafting leasing agreements with any business, it is important to consider how their needs may differ to the previous tenants or other occupants of the building.

CanadaReal Estate and Construction
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When drafting leasing agreements with any business, it is important to consider how their needs may differ to the previous tenants or other occupants of the building. Every business is different and will have different requirements for the space that they work in.

According to a recent Government report, the UK life sciences sector is booming with a record turnover of over £70 billion. The industry provides over 241,000 jobs across the country and attracts significant funding from private equity and foreign direct investments. The growth in the sector will inevitably result in an increased need for suitable premises in the right locations, offering opportunities to landlords that are able to fulfil this need.

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