Canary Wharf Group (CWG) and Kadans Science Partner have partnered to establish a joint venture (JV) to build a life-science, wet lab enabled building.

To be built at Canary Wharf in London, the 750,000ft² building will be located on the 3.3ha North Quay site adjacent to the new Elizabeth line station.

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The new building will have a lab space available on all the floors. Besides, the building is expected to have high sustainability and technological standards.

It will also include a campus housing academics, global healthcare and pharmaceutical companies.

Kadans Science Partner CEO Michel Leemhuis said: “Kadans aims to contribute to the innovative power of the life sciences sector by developing state-of-the-art lab buildings as well as offering support and an international community.

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“This joint venture with Canary Wharf Group, which is fully supported by our sponsor and partner AXA IM Alts, provides us with a rare opportunity to not only develop a significant and sustainable new life sciences lab building, which will be the largest in Europe, but also for it to be the catalyst for a new world leading life sciences cluster and ecosystem in the UK capital.”

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Works on the 22-storey building is anticipated to complete in 2026.

Leemhuis added: “The Canary Wharf district offers exceptional connectivity, providing access to a huge talent pool and numerous funding partners from its existing tenant base, which will be a highly compelling combination for potential occupiers as well as an exceptional addition to our existing network.”

CWG and Kadans received advise from Cushman & Wakefield and JLL, respectively, on the JV.

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Image: The commercial lab building is expected to complete in 2026. Credit: Kadans Science Partner/ © Canary Wharf Group plc.