Recommended offer for Life Science REIT PLC

Jan 28, 2026

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.

Life Sciences United Kingdom London

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