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Life Sciences under the microscope | July 2021

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We examine the distribution of corporate capital and job creation relative to Europe’s established and emerging life sciences clusters

Our 2021 life sciences report puts the EMEA life sciences industry under the microscope, at a time when the business sector in Europe received its highest ever level of capital investment. Europe’s ageing demographic situation, coupled with the COVID-19 pandemic, has accelerated the need for further medicinal/vaccine research, pharmaceutical and medical device production. 

In this report we examine the distribution of corporate capital and job creation relative to Europe’s established and emerging life sciences clusters, looking back at how this has changed in the last year, compared to the last 10 years. We identify the locational drivers and key players who have driven activity, the impact of their needs in terms of physical real estate requirements and how this impacts investors.  


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Life Sciences under the microscope | July 2021

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United Kingdom

Damian Harrington

Head of Research

London - West End

Damian Harrington is a Director and Head of Research for both Global Capital Markets and EMEA at Colliers. He has over 20 years of experience in the real estate industry living and working from various locations across EMEA including London, Dubai, Prague, Helsinki and Amsterdam. Damian is responsible for producing research for internal and external clients. His expertise helps to provide clients with global capital market trends and analysis, and connects them with strategic and actionable insights, such as the changing nature of global capital and the impact on global capital flows. Damian has produced numerous research papers and generated analysis of markets across all asset types - from residential to offices, retail to logistics and hotels to niche sectors such as life sciences, air cargo and data centres. Damian is a member of the EMEA location strategy team and a key member of Colliers ESG focus group.  He speaks regularly at internal global conferences, external industry events hosted by GRI, ULI and other key industry bodies, plus key annual events such as MIPIM and EXPO REAL.

Damian holds a Masters degree in European Property Development and Planning from University College London, a BPI Bachelor of Planning from the University of Amsterdam and a BA (Hons) in Town and Country Planning from Manchester University. He is also a qualified surveyor, holding an MRICS with the Royal Institute of Chartered Surveyors.

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Andrew Hallissey

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London - West End

Well respected within the industry, Andrew is an Executive Managing Director with over 20 years of global experience within Corporate Real Estate. Andrew has a wealth of knowledge having advised dozens of Fortune 500 companies throughout the world on developing real estate transformation solutions.

As Executive Managing Director of EMEA Occupier Services.  Andrew drives strategy, client service delivery and spearheads the growth of Colliers’ occupier business within the EMEA region.

Andrew leads integrated service delivery for all occupier clients specialising in corporate real estate services, portfolio strategy, transaction management, brokerage, lease administration, project management, workplace services, and facilities management outsourcing advisory across the EMEA region.

Prior to joining Colliers, Andrew worked for CBRE where he has held senior leadership roles within their Global Workplace Solutions business in Chicago, Hong Kong, New York and London.  He has gained extensive global experience advising large corporations on their global real estate organization and strategy over the last 18 years, having worked across EMEA, North America and Asia Pacific.  Andrew also currently serves on the global board of directors of Corenet, the leading global association for the corporate real estate profession.

He has lived and worked internationally and has a deep understanding of the cultural and regional challenges within a global organisation.
 

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Paddy Allen

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Paddy has over 16 years of real estate experience having spent his early career in European fund management before joining Global Student Accommodation as an early employee and leading the acquisition of £1bn of student accommodation across UK & Europe. 

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Paddy joined Colliers in 2021.

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