1、Life Sciences Industry&Real Estate Perspective 2024Putting Asia Pacific under the microscopeResearchAsia PA foreword from the Life Sciences 3 Speciality Group Chair,Asia Pacific Key takeaways 5Navigating this report 1.Demographics reinforce the 8 long-term outlook2.The increasingly attractive nature

2、 of 10 life sciences3.The need for data and transparency 134.Addressing the lack of life sciences 15 supply5.Clusters are the beating heart of the 16 sector,fuelling growth and sparking inspirationHow do the 2024 life sciences 19 clusters stack up?Where are the opportunities in this turbulent time?F

3、or real estate investors 41For real estate companies 43What does it all mean?44Contents2Life Sciences Industry&Real Estate Perspective 2024In todays ever-changing business landscape,leaders in the life sciences industry understand the importance of reflection and learning from the past to shape futu

4、re successes.The global environment is characterised by geopolitical tensions and a turbulent macro-economic climate,resulting in heightened uncertainty affecting areas such as spending,inflation,and the cost of capital.However,amidst this dynamic landscape,the life sciences industry in the Asia Pac

5、ific region plays a pivotal role,driven by demographic shifts such as an ageing population and increasing healthcare needs.Governments across the region actively support and develop the industry,recognising its significance for the future.A foreword from the Life Sciences Speciality Group Chair,Asia

6、 PacificWhile life sciences may not garner as much attention as major technology stocks,momentum is building,and its potential remains strong.Investment volumes in life sciences real estate in Asia Pacific have experienced substantial growth,with over US$1.6 billion worth of transactions in 2021 com