Legal & General’s £200 Million Funding Of Oxford University Innovation Centre

Macfarlanes has advised Legal & General on the funding and delivery of a £200m ‘Life and Mind Building’ at Oxford University.

The building forms part of Legal & General’s £4bn partnership with the University of Oxford, a scheme which will develop a number of innovation facilities along with thousands of new homes for staff and students.

The Life and Mind Building, which is the largest building project in the university’s history, is expected to open in 2024 with construction due to begin in July 2021. The site will include 25,000 sq m of internal space with state-of-the-art laboratories for teaching and research, lecture theatres and study rooms as well as a café, office space and multifunctional break-out areas.

The Macfarlanes team was led by real estate partner Anthony Burnett-Scott (Picture) alongside real estate partner Dominic Cunliffe and construction partner Angus Dawson with assistance from Sindhuja Shriananda, Radhika Shah, Tania Barnes and Rebecca McCann. Tax expertise was provided by senior counsel Kirsten Prichard Jones and head of VAT Chris Mortimer.

Involved fees earner: Tania Barnes – Macfarlanes LLP; Anthony Burnett-Scott – Macfarlanes LLP; Dominic Cunliffe – Macfarlanes LLP; Angus Dawson – Macfarlanes LLP; Rebecca McCann – Macfarlanes LLP; Chris Mortimer – Macfarlanes LLP; Kirsten Prichard Jones – Macfarlanes LLP; Radhika Shah – Macfarlanes LLP; Sindhuja Shriananda – Macfarlanes LLP;

Law Firms: Macfarlanes LLP;

Clients: Legal & General ;