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Freshfields advises Oxford University on its £4bn partnership with Legal & General
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising Oxford University on its house-building partnership with Legal & General (‘L&G’). L&G is expected to invest £4bn over a period of ten years.The deal is an open structured 50:50 partnership, which enables both parties to collaborate on a series of new projects, including affordable student accommodation, staff homes and science and innovation centres at the University.
The legal structure of the joint venture arrangements agreed between the parties enable the University and L&G to work together to ensure that the University’s requirements for the provision of residential and other accommodation, as well as L&G’s investment requirements are met.
The Freshfields team was led by partners Alex Watt and May Smith and senior associate Robert Bindless.
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About Freshfields Bruckhaus Deringer LLP
Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.
