CSGP · News · 20260806N

UK Laboratory Space Demand

COSTAR GROUP, INC. · 2026-08-06 · Importance 17 · Surprise 24

CoStar data showed UK laboratory-space demand reaching a record level, with rolling four-quarter take-up exceeding 1.2 million square feet in Q3 2026. Demand was supported by GSK’s 300,000-square-foot prelease at Cambridge Biomedical Campus. Additional development is advancing after Prologis received planning approval for a second phase, indicating continued activity in the UK life-sciences market.

Key facts

• In July, Prologis received planning approval for another Phase 2 (UK lab context). source
• Rolling four-quarter UK laboratory take-up exceeded 1.2 million square feet in Q3 2026, following a 300,000-square-foot prelet at Cambridge Biomedical Campus. source