Recommended offer for Life Science REIT PLC
British Land agreed a recommended cash-and-share offer for Life Science REIT PLC valued at approximately GBP 150 million (42.8p/share: 14.1p cash plus 0.07 new British Land shares), a 21% premium to LABS' prior close, implemented via a Part 26 scheme of arrangement. The deal gives British Land five 'Golden Triangle' life-science assets across London, Oxford and Cambridge; it completed 20 April 2026 with Life Science REIT re-registered as a private company.
Published by Investegate (RNS). Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Investegate (RNS)
- Obtained from
- Unknown: source not established
- Published
- Jan 28, 2026
- Last updated
- Jul 18, 2026 (29 days ago)
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