Federated Hermes today announced the completion of a five-year £376 million financing deal for Milton Park, one of the UK’s most prominent science and technology parks. The agreement, led by asset manager Barings, underscores Federated Hermes’ commitment to advancing the UK’s life sciences and technology sectors.

The new financing will support the future development and continued growth of Milton Park, a leading hub for innovation that is home to hundreds of businesses focused on science, research, and technology. The funding package will enable further expansion of infrastructure, enhanced facilities, and community amenities, reinforcing Milton Park’s reputation as a thriving destination for science-led enterprises.

The transaction highlights both the financial strength of Federated Hermes and the increasing importance of Milton Park within the UK’s innovation ecosystem. As part of Federated Hermes’ broader strategy, the deal reflects its focus on sustainable real estate and urban placemaking, aligning investment with long-term growth and societal impact.

With this financing in place, Milton Park is positioned to continue its evolution as a dynamic centre of research and enterprise, fostering collaboration, innovation, and growth across the life sciences and technology sectors.