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Transactions - MAY 25, 2021

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Oxford university searches for strategic partner for science park

by Released

Magdalen College at the University of Oxford is seeking a strategic partner to accelerate the development of The Oxford Science Park (TOSP), one of the United Kingdom’s leading parks for science and technology companies, and has appointed real estate services firm Cushman & Wakefield to lead the process. With the global life sciences sector well-capitalized and making significant innovation advances, there is an increasing demand for high quality laboratory and office space.

The science park, 100 percent owned and managed by Magdalen College, is home to more than 100 leading companies active across a range of therapeutic areas and technologies including infectious diseases, cancer and artificial intelligence. Many tenants have been involved in the fight against COVID-19 through vaccines, sequencing, viral vectors and test reagents.

Magdalen College is offering a 40 percent equity share in TOSP to prospective partners in a joint venture which would include the exi

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