Railpen has opened a c. 306.5m2 state-of-the-art innovation hub, named the Glasshouse, in partnership with Innovate Cambridge. The Glasshouse is based on the first floor of Botanic House, an award-winning office building, and will act as a gateway for company founders and investors to access the city’s thriving innovation ecosystem.
Cambridge, renowned for its world-leading research and innovation, has raised c. €119m of capital in the last decade alone and is projected to have the fastest employment growth in the UK over the next ten years. Managed by Innovate Cambridge, the Glasshouse will build on this momentum, acting as a platform for both local and global businesses to pioneer advancements that will continue to shape the future of knowledge-intensive industries worldwide.
At a time when UK growth is top of the Government’s agenda, spaces like the Glasshouse will support young and scaling businesses within the technology, life sciences, and engineering sectors in sharing ideas, stimulating growth and connecting with likeminded innovators and investors.
Matthew Howard, Head of Property at Railpen, commented: "Railpen’s investment in Cambridge reflects its commitment to fostering long-term, sustainable growth in one of the world's leading science and innovation hubs. We are achieving that by partnering with organisations already leading the way, such as Innovate Cambridge, and working with them to deliver lasting value. The Glasshouse is a direct outcome of this approach, and will be a focal point where ideas can be shared, collaborations formed, and new solutions brought to life."
Dr Kathryn Chapman, Executive Director at Innovate Cambridge, said: "The Glasshouse represents not only a dedicated physical space for breakthrough ideas but also the strength of the relationships driving Cambridge’s innovation engine. Railpen’s active investment in the region brings invaluable resources and momentum, and we can’t wait to work together to create an environment that enables innovators to connect with investors, businesses and government to get the support they need, ensuring that Cambridge remains at the cutting edge of innovation."
Michael Anstey, Partner at Cambridge Innovation Capital, added: "Cambridge is a world-leading innovation ecosystem, where the best minds converge to push the boundaries of science, technology, and entrepreneurship. With the launch of The Glasshouse, Railpen and Innovate Cambridge are creating an unparalleled gateway for global talent and investors to further connect with this vibrant ecosystem, ensuring that Cambridge continues to lead in shaping the future of knowledge-based industries."
Image source - Railpen.
Europe Real Estate — an overview of real estate developments in European countries.
