Legal & General has formed a 50-50 partnership with Oxford University to develop homes for University staff and students, together with science and innovation districts in and around Oxford.
John Cummins, managing director of Legal & General’s Future Cities Business, said, “Universities are a key driver for the growth of cities, acting as a magnet for talent and incubator of growth and innovation. They have an integral role in shifting the dial for future success. Great universities also need an economic, physical and digital infrastructure to create an ecosystem to attract people and businesses. Any new discovery depends not just on the academics but on the infrastructure supporting them. This partnership is a unique opportunity for two large and long-term U.K. institutions to work together to address Oxford University’s, and indeed the city’s, future needs, enabling it to continue to be a center of growth.”
As funding and development partner for th
