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Investments in Life Science Real Estate

Autor Sandro Jäger, Michael Trübestein, Matthias Daniel Aepli
en Limba Engleză Paperback – 18 sep 2024
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.

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Specificații

ISBN-13: 9783658430542
ISBN-10: 3658430540
Pagini: 150
Ilustrații: X, 214 p.
Dimensiuni: 168 x 240 mm
Greutate: 0.39 kg
Ediția:2024
Editura: Springer Fachmedien Wiesbaden
Colecția Springer Gabler
Locul publicării:Wiesbaden, Germany

Cuprins

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

Notă biografică

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. He studied international business administration at the EBS University of Economics and Law (D) and wrote his Ph.D. Thesis at the University of Regensburg (D). He was appointed professor of real estate management at the University of Kufstein (A) for 5 years (2008 – 2013). Since 2013 he has been working as a professor of real estate investment and management at Lucerne University / HSLU (CH). Michael Truebestein is author of various publications in the area of real estate strategies, (international) real estate investments, asset management, real estate markets and digitization. In 2014, he initiated the annual study on “Real Estate Investments and Asset Management” of institutional investors (in cooperation with the ASIP / Swiss Pension Fund Association) and carried out the world's first tokenization of a property in 2019, the “Hello World” in Baar (CH). He serves as a member of the board of directors for an international real estate investment company. In 2021, 2022 and 2023, the Swiss media elected him as one of the 100 most influential and important personalities in the Swiss real estate industry.
Dr. oec. HSG Matthias Daniel Aepli is a lecturer at Lucerne University (HSLU) and an entrepreneur in the real estate sector. He studied business administration at the university of northwestern Switzerland (FHNW) where obtained his Bachelor of Science. At the University of St. Gallen (HSG) he completed the Master of Arts programin banking and finance and received his Ph.D. with his thesis in quantitative finance. Matthias Daniel Aepli is author of various publications in the area of real estate management, investment strategies, asset management, corporate financial management and risk management. Since 2012 Matthias Daniel Aepli has been working as a lecturer of corporate finance, risk management and real estate management at Lucerne University (HSLU) (CH). In addition to his work in academia, he serves as a member of the board of directors and is a renowned serial entrepreneur in the field of real estate.
 
 

Textul de pe ultima copertă

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.
 

Caracteristici

Comprehensive Analysis of the life sciences real estate market, covering drivers, trends, and building types Combination of diverse perspectives, providing a comprehensive understanding of the industry Actionable insights and guidance for investors in life sciences real estate