L&G splashes £37m on Oxford student accommodation
The long leasehold of a student accommodation residence which is fully let to Christ Church College, part of the University of Oxford, has been acquired by Legal & General for approximately £37.1m.
Situated on St Aldate’s & Queen Street, the property is a student halls of residence, providing 133 en-suite rooms with shared kitchen facilities and 110 cycle spaces. The purchase has been made on behalf of Legal & General Retirement.
Legal & General was advised on this acquisition by Jones Lang LaSalle …