ESPG AG (European Science Park Group) is one of the first German real estate companies specializing in the ownership, management and acquisition of science parks.

Science parks are a concept that originated in the US and have already developed into their own asset class in the UK and other European countries. The key idea is to provide scientific and technologically driven companies with a field tailored to their needs and help them grow.

Science parks are usually located near universities, clinics, and research institutes. These often reflect the professional focus of these academic institutions. In addition, a synergistic effect will be generated between companies located in the same science park, promoting the construction and expansion of networks.

ESPG currently owns 16 commercial properties across Europe with over 126,000 sqm of rentable area and a balance sheet value of approximately €250 million ($245 million). With approximately 81% of the company’s current portfolio (measured by market value) already classified in science parks, ESPG offers industry-leading bespoke space for research, development and production.

In the current portfolio, 34% of tenants are in the life sciences sector, 16% are focused on ‘green’ technology and 31% are digital. For example, Azenta Life Sciences GmbH operates one of Europe’s largest biorepositories on his ESPG property in Hesse, where millions of tissue samples are stored at temperatures as low as minus 180 degrees Celsius. .

Nuvisan Analytical Services GmbH – a provider of early-stage clinical trials – operates in one of three US Food and Drug Administration-approved testing facilities at Neu-Ulm’s ESPG property.

Presented at the IASP conference

The company, formerly known as Diok RealEstate AG, was announced at the International Association of Science Parks and Areas of Innovation (IASP) World Conference in Seville, Spain.

ESPG’s shareholder base, centered on investors managed by Alvarium Investments and other international private investors, will enable the company to continue to grow in the current economic climate and market stage. In addition, the company has access to a wide range of different debt capital, made possible by its long standing relationships with banking and capital partners.

ESPG board member Ralf Nöcker said: This concept benefits not only tenants, but all other stakeholders who have invested in the science park. As owners, we expect attractive returns and a stable long-term tenant base. We also ensure that we meet his increasingly important ESG criteria, making our buildings more energy efficient. ”

Board member Markus Drews said: Nuvisan, SAP, ABB, Siemens. We would like to expand our portfolio even more rapidly, not only in the number of properties, but also in the diversity of related areas. For us at ESPG, it is exciting to see how our tenants thrive and thrive with the innovations underpinned by our facilities. ”