"Burges Salmon Supports Crown Estate in Strategic Acquisition of Harwell East to Enhance UK's Science Sector"

"Burges Salmon has advised The Crown Estate on the acquisition of Harwell East, a 221-acre site near the Harwell Science and Innovation Campus in Oxfordshire. This acquisition is part of The Crown Estate's plan to invest £1.5 billion in the UK science sector over the next 15 years, aiming to create world-class laboratory space. The development is expected to generate a Gross Development Value of £4.5 billion, provide 4.5 million sq ft of office and laboratory space, and create 30,000 jobs, contributing an estimated £2.5 billion to the national GDP."