In a significant move that promises to reshape the landscape of science park real estate in the UK, the nation has officially rejoined the European Union’s Horizon science research programme. This decision, which follows prolonged negotiations, is set to usher in a new era of collaborative research, infrastructure development, and economic growth in areas surrounding research institutions and science parks.

Fahmida Nisa, Conference Manager at UKREiiF, commented on the development, saying, “The UK’s re-entry into the Horizon programme is not just a win for the scientific community but a monumental stride for science park real estate. We anticipate a surge in demand for cutting-edge research facilities, housing, and amenities, making science parks the epicentres of innovation and collaboration.”

The UK’s re-entry into the Horizon programme comes after a two-year hiatus post-Brexit. The government has confirmed that the UK will join “through a bespoke new agreement with the EU.” Prime Minister Rishi Sunak emphasised that the deal ensures “unparalleled research opportunities” and is also in the best interest of British taxpayers. The Horizon programme, renowned for its groundbreaking research projects, is expected to attract top-tier talent to the UK, further boosting the demand for real estate in and around science parks.

During the UK’s absence from the programme, Downing Street matched the EU grant money that was lost. However, experts like Professor Paul Stewart from the Academy of Medical Sciences highlighted the missed opportunities for collaboration with European colleagues. He stated that the UK’s return “marks a pivotal moment for UK science” and that “health research is an international endeavour.”

The government has also announced that UK researchers can now apply for grants and participate in Horizon projects. Additionally, the UK will join the EU’s space programme, Copernicus, but will not be part of the bloc’s nuclear technology scheme, Euratom.

Michelle Donelan, the Secretary of State for Science, emphasised the benefits of the new deal, mentioning a clawback mechanism to ensure value for money and an overperformance indicator to support British scientists. She remarked, “This is fantastic news, not just for British scientists and researchers but also the British taxpayer.”

Fahmida Nisa later added, “At UKREiiF, we’ve always placed a high value on science parks and innovation clusters. Their role in fostering cutting-edge research and collaboration is unparalleled. With the UK’s renewed participation in the Horizon programme, we’re optimistic about the growth and dynamism these clusters will bring to the property landscape.”

Fahmida Nisa, Conference Manager at UKREiiF