STEM in Scotland
In their November 2019 Life Sciences research JLL looked at this rapidly growing industry which along with other STEM subjects is well established in Scotland. The report also looked at the increase in demand for specialised space to suit this sector because it is no longer just lab space that is needed: “Computational space – which looks more like traditional office space – now accounts for, on average, at least a third of companies’ need, as an increasing amount of drug discovery work is computer-based. “
According to Property Week.com a technology hub that is to become part of the £550 million Edinburgh Marina development will incorporate offices for tenants working in AI, blockchain, analytics etc, co working spaces, events space, bars, shops, restaurants in response to this “…demand for additional office space.”
The lack of Grade A office space in Edinburgh is something that Savills have been reporting on recently because it has reached an all-time low but the same report highlights how well the technology sector is performing and predicts this growth will continue.
It’s not just the capital that has seen success in STEM sectors. In Aberdeen, a key deal, assisted by CBRE, at Aberdeen International Business Park is the move of Oceaneering International, Inc a provider of engineering services for those in space, marine and other industries into new bespoke warehouse premises due to be completed this year.
By the end of this year, having received a grant from Scottish Enterprise, the company SThree which specialises in finding candidates for STEM roles will open its “centre of excellence” in Glasgow which is expected to create over 300 jobs. According to The Scotsman, Scottish Enterprise “has played a central role in driving forward life sciences in Scotland.”