The European Science Park Group (ESPG), an actual property firm specialising in science parks, has prolonged the lease settlement with the anchor tenant of the Science Park “Lab Metropolis” in Neu-Ulm till 31 December 2033. The tenant is a market-leading firm within the pharmaceutical business. The premises have GMP certification for the manufacturing of radiolabeled energetic elements. The leased ground area contains round 12,000 sq. metres. As well as, a sustainable power idea for the property is being drawn up and applied in shut session with the tenant.
Ralf Nöcker, CEO of ESPG AG, feedback on the conclusion of the contract: “Our science parks provide optimum circumstances for technological breakthroughs and strengthen Germany as a location for science. The conclusion of the contract as soon as once more confirms that this technique is absolutely profitable and underlines our capabilities as a science park investor and energetic asset supervisor. As well as, we now have taken one other vital step within the implementation of our ESG technique by optimising the property’s power idea.”
As a part of the contract extension, the power provide was switched to district heating. This makes biomass the Science Park’s important power supply. Additional measures to optimise the portfolio’s ecological footprint are being deliberate – together with the set up of photovoltaic modules. With the conclusion of the lease settlement, the typical remaining time period of the portfolio’s leases (WAULT) is prolonged to five.2 years.The ESPG portfolio at the moment contains 16 science parks with a complete space of greater than 126,000 sq. metres. The idea of science parks relies on offering customised area to firms within the subject of science and know-how and supporting them on their progress path. As a rule, Science Parks are situated within the speedy neighborhood of universities, clinics and famend analysis establishments and infrequently replicate the main target of those educational establishments. This promotes the creation of synergies between the resident firms and helps the event of networks.
