Abcam Building Funding
Tesco Pension Fund wanted to forward fund the laboratory and office building that had been pre-let to Abcam plc at the Cambridge Biomedical Campus. To properly assess the investment proposition including the market for Life Sciences Real Estate in Cambridge and the specification of the accommodation, they needed advice from experts in the sector
We used our detailed knowledge of the sector, the drivers for Life Sciences R&D Real Estate demand, the market for and value of such space in Cambridge and the requirements of Life Sciences R&D businesses to fully appraise the investment opportunity.
Tesco Pension Fund bid successfully to forward fund the building which was completed in 2019.