Legal & General commits £4 billion to Oxford University partnership
27 Jun 2019
Legal & General announces that it has formed a 50:50 partnership (“the Partnership”) with Oxford University (“the University”) to develop homes for University staff and students, together with science and innovation districts in and around Oxford.
The funding will, subject to planning, deliver a series of projects for the University, including the development of new homes for University staff and students, and the creation of science and innovation districts, with modern workspace and research facilities.
With its world-class university, Oxford is one of the UK’s fastest growing cities and competes among the top technology clusters in the world. The city however lacks affordable residential and commercial space that is essential for the University to continue to attract research graduates, and support spin-out and scale-up businesses. Accelerating Oxford’s potential by addressing these challenges is the fundamental ambition of the Partnership.
Read the full press release via the link below