Kings Hall Life Sciences Park in Belfast, Northern Ireland
An opportunity to invest in the regeneration of Kings Hall Life Sciences Park. This project is a significant economic driver in the life sciences sector and it's already attracted government funding.
This is a £100 million proposition within South Belfast, within the neighbourhood of Queens University, an establishment known for its focus on research.
The campus is home to the Cancer Research Institute, Centre for Neuroscience Studies and the Cardiac, Circulation and Respiratory Group for Northern Ireland.
Capital investment - real estate
(Greener buildings, Healthcare and life sciences, Real estate, Science & innovation)
Octopus Real Estate and Benmore Healthcare Developments
£100 million GDV
Detailed planning obtained
Time to Final Investment Decision (FID):
Investment Opportunities Project Manager, Northern Ireland
Contact the opportunity leadGet in touch
Sector and market opportunity
The UK has a unique eco-system in the life sciences and health innovation spaces. Being so close to Queens University, the location of this opportunity project is ideal.
There’s strong interest in the life sciences sector in Northern Ireland, an area that’s proven to be resilient and is expected to experience healthy growth over time.
Northern Ireland is unique because it still has tariff-free access to both the UK and European Union.
The opportunity is in Belfast, Northern Ireland’s capital city. It’s set in the neighbourhood of Queens University, a Russell Group establishment with impressive research and academic credentials.
The site is served by excellent infrastructure.
Kings Hall Life Sciences Park is a 5-minute walk from the nearest train station. By car, the heart of Belfast city centre is just 10 minutes away, Belfast City Airport is a 20-minute drive and Dublin city centre is under 2 hours.
Belfast also has the highest availability of superfast broadband in the UK and the fastest direct broadband link from Europe to North America.
Local talent and skills
Belfast is an attractive business environment, a place that should provide demand for the life sciences sector, as well as a vibrant labour talent pool.
About 61% of all jobs in Northern Ireland are in Belfast. The country has a young and vibrant population, with 53% of the population aged under 40.
There are 2 two world-leading universities in Belfast; over 73% of their research is deemed world leading or internationally excellent.
Belfast also has 2 two hospitals, each with considerable R&D opportunities.
Already, over 70% of companies choose to reinvest in Northern Ireland and it’s already home to more than 1,100 international investors, including Allstate, Citi, Seagate, Spirit Aerosystems, and FinTrU.
Research and expertise
The project has already attracted funding from the public sector through the Northern Ireland Investment Fund. This public funding helps to de-risk the investment opportunity by enabling provision of site wide infrastructure.
There’s already great interest in the site from occupiers, with 1,858 square metres/20,000sqft of space sold to an investment company.
Diaceutics, a world leader of precision data analytics, has occupied 929 square metres/10,000 square feet. Transactions have been completed for a 32-bed assisted living complex, a retirement living complex and a nursery facility for 100 children.
Environmental, social and governance (ESG) highlights
With its focus on life sciences, this project will greatly contribute to the health and wellness industry in Northern Ireland.
The project is also targeting a BREEAM rating of excellent and an EPC rating of A.
Promoters and partnerships
Octopus Real Estate is a well-known specialist real estate investor that has a £2 billion portfolio and interests in 80 health and care related properties across the UK.
Benmore Healthcare Developments is a locally-based development company and part of the Benmore Group, which has wide multi-sector experience, especially in Northern Ireland.
CBRE NI are the project promoter’s adviser on real estate matters and Belfast City Council is the local planning authority.
Local and national government support
The project has already secured funding from the Northern Ireland Investment Fund, launched to provide finance for commercial property, regeneration and low carbon projects in Northern Ireland.
This source of funding helped to deliver enabling infrastructure for this project.
The replacement of European related funding by the UK could also provide additional opportunities for financing.
Heat networks in the North East and Tees Valley
Heat networks form an essential and significant part of the UK’s plan to reduce carbon emissions, and The North East and Tees Valley are primed to lead the UK in delivering this.
Tyne Clean Energy Park
An exciting opportunity to invest in the North East’s most versatile clean energy park at the Port of Tyne.
Advanced Manufacturing Innovation District Scotland (AMIDS)
Investment at the Advanced Manufacturing Innovation District Scotland (AMIDS) focuses on re-energising Scotland’s local manufacturing base. Development opportunities include advanced manufacturing, aerospace and commercial offices. Investment opportunities include joint-venture partnerships.
Howbery Business Park in Wallingford, Oxfordshire
Creation of a centre of excellence for water, the environment and climate change, providing opportunities for collaboration across research, innovation and industry
Brent Cross Town
Brent Cross Town will be a new 1 million square metre (10 million square foot) mixed-use neighbourhood spanning 180 acres, with 50 acres of open space, parkland and playing fields.
Fawley Waterside aims to be one of the first net zero smart towns in Europe; spread over 400,000 square metres, it will sit inside the proposed Solent Freeport.
Cardiff Central Quay
A 200,000 square metre mixed-use regeneration scheme adjacent to Cardiff’s Central station, in the heart of the capital city of Wales.
Bicester Motion in Oxfordshire
Bicester Motion is a 444-acre branded commercial and leisure destination, strategically located at the heart of the UK’s mobility and tourism industries.
Newtown Works in Ashford, Kent
A mixed-use town centre regeneration project offering world-class film studios, apartments and commercial space at a heritage site next to Ashford International Station.
An immediate investment opportunity in a data-driven commercial development that’s focused on sustainability and clean growth.
Arden Cross in the Midlands
Arden Cross is a global destination for innovation, business, learning and living, across more than 140 hectares in Solihull in the West Midlands.
First Street in Manchester
A high-profile opportunity to invest in net zero commercial office space in the heart of Manchester City Centre.
Heath Park in Cheshire
A unique ethical investment opportunity for a mixed-use regeneration development, focused on market-leading green technology, at a thriving and successful business and technical park.
An opportunity to invest in a £1.3 billion development along the Thames Estuary – a creative hub and new town centre providing homes, film and TV studios and community and transport infrastructure.
Perth West in Scotland
A strategic opportunity for debt, equity investment, co-investment or development funding to develop a net zero eco innovation business park and city expansion.
Clyde Gateway Green Regeneration Innovation District (GRID) in Glasgow
Thinking globally, acting locally. Clyde Gateway's GRID integrates real estate and climate resilience in a '20-minute neighbourhood' near central Glasgow.
Weavers Cross transport-led regeneration project in Belfast
Located alongside the largest integrated transport hub in Ireland, Weavers Cross is a 121,000 square metre regeneration project of mixed-use space.
Teesworks in North East England
Teesworks is a significant brownfield regeneration opportunity in the UK, with the largest and most connected industrial zone and diverse, sustainable and low-carbon activity.
Biomanufacturing in Tees Valley
Tees Valley is driving UK clean growth, converting sustainable feedstocks into high-value biopharmaceuticals, food and feed, biofuels and biochemical products.
Tissue regeneration and wound care in Leeds City Region
Develop and commercialise new tissue regeneration and wound care technologies and access a rapidly developing market within the health and medical technology sector.
The Waterside in Belfast, Northern Ireland
An opportunity to invest in a prime waterfront location in central Belfast – something that’ll cater for the office, hotel, serviced apartments, residential and private rental sectors.
Corporation Street and Tomb Street, Belfast, Northern Ireland
A substantial build-to-rent project in Belfast city centre, with a chance for early participation via different finance options - including equity share and traditional funding.
Harlow Innovation Park
This is an opportunity to forward fund or acquire future assets at the developing 10-hectare Harlow Innovation Park on an individual or multiple plot basis.
A new higher education institute in Milton Keynes
A chance to invest in MK:U, a new higher education institute for the digital economy, created with business and for business.
MIRA Technology Park, Southern Manufacturing sector in Warwickshire
A £260 million funding opportunity for occupier-led investment in the industrial sector with potential for a multi-phased development approach. The scheme provides rare, strategic and advanced manufacturing facilities with associated links to the extensive research and development infrastructure at MIRA.
Titanic Quarter in Belfast, Northern Ireland
Comprising of 75 hectares or 185 acres of prime waterfront land, this project is one of Northern Ireland’s most important regeneration enterprises.
The Sixth, Royal Avenue, Belfast, Northern Ireland
An opportunity to invest in a mixed-use, 250,000 square feet space that will serve the Grade A office, creative and technology sectors.
A new high-speed terminus in Birmingham Curzon
Several major investment opportunities exist around the development of a new high-speed terminus station in Birmingham city centre.
Norwich Union House, Belfast, Northern Ireland
A chance to invest early in a 7-storey, mixed-use project in Belfast. There’s a variety of finance options available, including equity share or traditional funding.
GatewayEast in Doncaster
A chance to invest in a world-class destination for research, innovation and living, where sustainable environments and international connectivity create an opportunity for communities to thrive.
Interchange Commercial District in Wolverhampton
A chance for developers and investors to get involved with the Interchange Commercial District area in Wolverhampton, via a range of investment and delivery structures.
Upper Trinity Street in Digbeth, Birmingham
Invest in Upper Trinity Street (UTS), a 5.1-acre site, and help convert the existing industrial environment into a new cultural, commercial and residential neighbourhood.
Vaccine development and manufacture in Liverpool City Region
Develop and validate new vaccines and vaccine technologies that will improve the quality of life for people around the globe.
Cell and gene therapy in Hertfordshire
Design, develop and supply transformative advanced therapies, all from the largest cell and gene therapy cluster outside the USA.
Healthy ageing and longevity in the North East
Exploit the growing national and international demand for new products and services that support health and independence into older age.
Precision biomarkers and diagnostics in Northern Ireland
Launch your biomarker journey and develop advanced precision diagnostics in Northern Ireland.
Diagnostics and early intervention for healthy ageing
Meet the growing demand for digital and molecular diagnostics innovations, and smart, assistive technologies, to support early intervention in ageing diseases
Data analytics and artificial intelligence applications in Leeds City Region
Transform society, our lives and your business by exploiting the growing demand for data analytics and artificial intelligence.
Data-driven health innovation in Greater Birmingham and Solihull
Meet the growing demand for data-driven, patient-centred healthcare solutions with applications in diagnostics, devices and digital applications.
Speak to us
The government is identifying new projects across the whole of the UK. Investors who are interested in our projects can find out more by contacting us.Get in touch