British Land has also signed nine new occupiers for its new co-working lab space at Drummond Street 

British Land is pleased to announce that Relation has doubled its footprint at Regent’s Place. The biotech business moved to the campus in 2022, taking 5,000 sq ft at 338 Euston Road, before taking an additional 1,000 sq ft in early 2024. The business has signed for a further 7,000 sq ft, taking its total footprint to 13,000 sq ft.

Founded in 2020, Relation is pioneering the use of machine learning and functional genomics to accelerate drug discovery through the use of artificial intelligence. Over recent years, they have grown rapidly, raising over $106 million across multiple rounds of funding. They have also secured two major partnerships with GSK, targeting fibrotic diseases and osteoarthritis.

Their decision to expand reinforces Regent Place’s reputation as a thriving science and technology hub, ideally located in the heart of the Knowledge Quarter, and also reflects the strength of British Land’s campus model in supporting the growth of scale-up businesses and fostering long-term partnerships.

In addition, British Land has signed nine new UK-based biotech and health tech startups for its new co-working lab space at 184–192 Drummond Street, adjacent to Regent’s Place. This space, which is now 43% let, has been designed to allow incubator businesses to become operational quickly, with the opportunity to scale up into space across the campus, as seen with Relation. 

Rosie Rodriguez, SVP of Growth at Relation said: “Our place strategy is central to realising Relation’s vision, we believe that where and how we work profoundly shapes what we can achieve. Regent’s Place has not only been our headquarters since 2022, but it continues to be the nucleus of our growth and innovation.

“It’s here that we’re bringing together the best interdisciplinary talent in biology, machine learning, engineering, computational biology and drug discovery. As we double our footprint, we’re not just scaling space, we’re scaling ambition. British Land’s campus model will enable the kind of ecosystem we need to turn pioneering science into transformational medicines, and we’re proud to be part of a reality that’s reimagining what’s possible across the campus.”

Michael Wiseman, Head of Campuses at British Land, commented: “At our Regent’s Place campus, we’ve created a unique ecosystem for London where science and technology businesses can grow, providing space for businesses at every stage of their journey. Whether it’s early-stage innovators or established leaders, our vibrant hub — with flexible lab-office space, proximity to world-class institutions, and a culture of collaboration — helps businesses become operational quickly, optimising their science and scaling from here.”

Regent’s Place is located in London’s growing Knowledge Quarter, close to a range of academic and research institutions including The Francis Crick Institute; The Turing Institute; The Wellcome Trust and globally recognised academic institutions such as UCL and key research hospitals such as UCLH, who alongside UCL carry out over half of all early phase clinical trials in cell and gene therapy in the UK.

–ENDS–

Investors
Jonty McNuff, British Land
07931 684 272

Media
Charlotte Whitley, British Land
07887 802 535

About British Land

British Land is a UK commercial property company focused on real estate sectors with the strongest operational fundamentals: London campuses, retail parks, and London urban logistics. We own or manage a portfolio valued at £14.6bn (British Land share: £9.5bn) as at 31 March 2025.

Our purpose is to create and manage Places People Prefer – outstanding places that deliver positive outcomes for all our stakeholders on a long term, sustainable basis. We do this by leveraging our best in class platform and proven expertise in development, repositioning and active asset management.

We have both a responsibility and an opportunity to manage our business in an environmentally and socially responsible manner. Our approach to sustainability is focused on three pillars: Greener Spaces, Thriving Places and Responsible Choices.

Read more about us at www.britishland.com.