JLL acts for King’s College London as it partners with Pioneer Group
News release
04 July 2023
King's College London and Pioneer Group partner to launch dedicated start-up incubators in London South Bank
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JLL has acted for King’s College London, as it partners with Pioneer Group to develop 95,000 square feet of incubator facilities. These spaces will be split across two sites, designed to support university enterprises and early-stage companies in the fields of biotech and medtech.
This launch will revitalise two currently vacant sites in London’s South Bank, providing wet and dry laboratories, office, and co-working space as well as access to critical equipment. The incubators will be designed to support high tech spin-outs from an early stage.
Pioneer Group will lead on the design, development, and operation of the facilities. Upon completion, the start-up incubators will provide flexible space, as well as mentoring and support programmes, access to venture capital and the benefits of Pioneer’s UK wide ecosystem and expert network.
Matt Fitter, Investor and Developer Lead, Life Sciences at JLL said, “We’re pleased to have acted for King’s College London on this landmark partnership, which will bring an innovation hub to the South Bank of London. This is in line with trends we’re seeing where life science companies are choosing to move to urban locations, such as London, to attract and retain talent.”
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.