London has the all the ingredients to be a world-leading science
and technology growth hub
New findings that build on our 2023 nationwide report Accelerating Innovation: a five-point plan to boost life sciences real estate show we are not realising our full potential, and a key blockage is the availability of lab space, especially in London.
Planning delays and lack of coordinated and inward investment strategy are limiting the growth of this critical sector. Looking at evidence from high growth markets in the US, plus future real estate requirements as science and technology converge and AI accelerates scientific discovery, we show how the right lab space with the right specifications in the right places will result in higher and sustained economic growth, employment and investment for London.