1.

Record Nr.

UNINA9910878062003321

Autore

Jäger Sandro

Titolo

Investments in Life Science Real Estate / / by Sandro Jäger, Michael Trübestein, Matthias Daniel Aepli

Pubbl/distr/stampa

Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer Gabler, , 2024

ISBN

3-658-43055-9

Edizione

[1st ed. 2024.]

Descrizione fisica

1 online resource (222 pages)

Altri autori (Persone)

TrübesteinMichael

AepliMatthias Daniel

Disciplina

332.6722

Soggetti

Real estate management

Real Estate Management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Introduction -- Life Sciences Overview -- Life Sciences Real Estate -- Methodology -- Life Sciences Real Estate Analysis and Results -- Discussion and Conclusion -- Summary and Outlook.

Sommario/riassunto

The book empirically analyzes the market, drivers, trends, and building characteristics of life sciences real estate. The findings suggest significant growth potential, supported by strong market fundamentals and demographics. Investors are drawn to the sector's potential for risk-adjusted returns, capital and rental growth, and defensive characteristics. Nevertheless, the high specifications and complexity of laboratories present challenges, including high capital expenditures, maintenance costs, and the need for specialized expertise and networks. The trend towards flexible and modular laboratories and the conversion of traditional assets into lab spaces offer exciting opportunities for investments in life sciences real estate. Life sciences real estate has gained attention from investors seeking alternative options to traditional real estate sectors. This niche market has seen increased capital inflows and investor interest due to attractive returns and risk diversification. The industry encompasses various specialized subdisciplines, each with unique building and space requirements. However, the complexity and diversity of the sector pose challenges for investors in evaluating advantages, disadvantages, and risks. This



textbook has been recommended and developed for universitary courses in Germany, Austria and Switzerland. Contents Introduction Life Sciences Overview Life Sciences Real Estate Methodology Life Science Real Estate Analysis and Results Discussion and Conclusion Summary and Outlook About the authors Sandro Jäger MScRE is Investment Specialist, Real Estate & Private Markets, Director at UBS Asset Management Switzerland. He holds a MScRE-degree from Lucerne University. During his research, he especially focused on investments in life science real estate. Prof. Dr. Michael Trübestein FRICS is professor of real estate management and investments as well as Head of the Master of Science in Real Estate (MScRE)-program at Lucerne University (HSLU). Furthermore, he was elected president of the RICS in Switzerland in 2019. Dr. Matthias Daniel Aepli is lecturer at Lucerne University (HSLU), entrepreneur in the real estate sector and author of various publications in the area of real estate management, investment strategies, asset management, corporate financial management and risk management. .