March 2025 Life Sciences Update

Germany: Berlin

MARKETS CONTENTS

Market Summary

Public & Private Funding (2024)

Fast Lab Stats

• The Berlin investment market reached a volume of 3.4 billion euros in 2024, half of the average volume seen over the past 10 years for the same period. The investment market is affected by insolvencies, with approximately 40% of the transaction volume linked to the Signa insolvency. However, there are signs of stabilization in yields. • Liquidity in the life sciences sector is available, especially from international capital sources already invested in this asset class in the U.S. and UK. However, in Germany, available product is scarce. Developers and banks require a pre-let rate, of over 50%, while potential tenants are looking for space available today. Tenant demand for quality lab space in Berlin is driven by a range of life sciences companies and institutes, both small and large, as well as national and international organizations. At the same time, public institutions and organizations primarily aim to keep ownership of their build-to-suit properties. • Berlin’s life sciences sector benefits from a strong research and hospital landscape, as well as a close link between business and politics. The areas of biotechnology, pharmaceutical and medical technology are particularly pronounced. Germany’s capital has a high density of scientific institutions and life sciences institutions, including the Charité University Hospital, various Robert Koch Institutes and Helmholtz Institutes. • Additionally, boasts a large talent pool, with over 200 degree programs in health and life sciences offered at around 30 universities and colleges, including Humboldt University, TU Berlin and Freie Universität Berlin.

€ Raised (MM)

Company

Deal Type

Completed

VC Round

34.2K Total Life Sciences Employment 640 Life Science Companies > 40 Research facilities/ institutes

Tacalyx

Seed Round

Jun 2024

2nd Round

€ 15.2

Sanity Group

Later Stage VC

Jun 2024

7th Round

€ 15.1

Booster Therapeutics

Seed Round

Oct 2024

2nd Round

€ 15.0

Cambrium

Seed Round

Nov 2024

2nd Round

€ 9.2

Captain T Cell

Seed Round

May 2024

1st Round

€ 9.2

Pacifico Biolabs

Seed Round

Feb 2024

2nd Round

€ 3.3

Lucid Genomics

Seed Round

Sep 2024

1st Round

€ 1.4

Avayl

Accelerator/Incubator

Jul 2024

Cellbricks

Later Stage VC

Apr 2024

2nd Round

DiaMonTech

Later Stage VC

Nov 2024

4th Round

Representative Investment Sale Transactions (2023 – 2024)

Address

Type

Volume (€m)

GLA (sqm)

Date

Buyer

Glance/ Plus Ultra, Franklinstraße 8

Lab/Office

c. 34.5

30,000

Q4 2024 Kadans Science Partners

Berlin Center for Genen and Cell Therapies Lab/Office

n.a. / 180 investment volume

18,000

Q2 2024 iQ-Spaces

Scienion, Wagner-Regeny-Strasse 15

Lab/Office

c. 21

5,200

Q3 2023 BEOS AG

Representative Life Sciences Companies

Life Sciences Labor: Annual Chemist Job Postings

1,200

Company

Type

Representative Lease Transactions (2023 – 2024)

Company

Address

GLA (sqm)

New/Renewal

Type

Quarter

Landlord

1,000

Berlin Chemie

Pharma

Pfizer Germany

Friedrichstraße 110-111

5,900 New Letting

Office Q3 2022 Parella Weinberg

800

Bayer Pharma

Pharma

Aurora Europe

An den Ceciliengarten, Hauptstrasse

1,300 New Letting

Office

Q1 2023 Panthier Real Esztate

600

JPT Peptide Tech

Karl-Ziegler Strasse

1,500 New Occupation Office

Q1 2023 Owner occupier

Pfizer

Biotechnology, Pharma

400

Penumbra Europe

Ullsteinhaus, Mariendorfer Damm

1,000 New Letting

Office

Q1 2023 Samwer family

Janssen-Cilag

Potsdamer Platz 11

800 New Letting

Office

Q4 2022 Brookfield Properties

Sanofi

Pharma

200

Hologic Deutschland Kaiserin-Augusta-Allee 112-113

1,000 New Letting

Office

Q4 2022 Deutsche Investment

-

B. Braun Melsungen

Pharma

BioNTech

Voltairestraße 8

1,400 New Letting

Office

Q3 2022 ABG

2019

2020

2021

2022

Cheplapharm Arzneimittel

Friedrichstraße 140

830 New Letting

Office Q1 2024 Müller-Spreer AG

Bio Degree-Awarding Institutions, Metro Area

Zimmer Biomet

Friedrichstraße 58

500 New Letting

Office Q3 2024 Mädler Haus

Humboldt-Universität Berlin

• • •

Freie Universität Berlin

Charité – Universitätsmedizin Berlin

Contributors Benedikt Kiefer benedikt.kiefer@cushwake.com

Simon Jeschioro simon.jeschioro@cushwake.com

Sources: Cushman & Wakefield Research, CoStar, National Institutes of Health (NIH), Lightcast, Pitchbook, Federal Reserve Economic Data (FRED)

Cushman & Wakefield

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