■ Pharmaceutical and health occupiers appear to be less rent sensitive than other business sectors; they were involved in three transactions that resulted in a record or current cycle high rent being achieved for each individual market in 2016.
■ The sector's footloose credentials were underlined in 2016 as on average they relocated 13.8 miles in 2016, highlighting that they are prepared to move further to secure the right premises in order to attract and retain highly skilled staff.
■ There will be further collaboration between pharmaceutical and technology companies which will lead to clusters forming. Both sectors are set see to employment growth in the region. There has been strong levels of investment into pharmaceutical companies in the region which bodes well for job creation in the sector.
