Property News · May 29, 2018

Oxford and Cambridge university colleges own property worth £3.5bn


News that colleges own more land than Church of England follow revelation of collective assets worth £21bn Oxford and Cambridge university colleges collectively own more land than the Church of England and boast a portfolio of property across the UK worth a staggering £3.5bn, a Guardian investigation has found. From a Scottish castle conquered by Robert the Bruce and the O2 arena in Greenwich, down to a betting shop in Brent, north London, the land and buildings owned by Oxbridge colleges encompass ancient and modern possessions amounting to 125,000 acres – an area more than four times the size of Manchester. Continue reading…

Source : theguardian.com
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