Oxford and Cambridge university colleges own property worth £3.5bn

May 29, 2018 by

Robert the Bruce statue

News of bigger portfolio than Church of England comes after £21bn in total assets revealed

Oxford and Cambridge colleges collectively own more land than the Church of England and have a portfolio of properties across the UK worth £3.5bn, a Guardian investigation has found.

From a Scottish castle conquered by Robert the Bruce and the O2 arena in Greenwich to a betting shop in Brent, north-west London, the land and buildings owned by the universities’ colleges encompass ancient and modern possessions amounting to 51,000 hectares (126,000 acres) – an area more than four times the size of Manchester.

The Oxbridge holdings dwarf the 42,000 hectares owned across 41 dioceses by the Church of England, which is often said to be the UK’s largest private landowner.

The figures follow the revelation on Monday that estates, endowments, investments and other assets held by Oxford and Cambridge are collectively worth almost £21bn. The property details come from the most extensive survey of Oxbridge landholdings since 1873, through a combination of freedom of information requests, archival research and Land Registry records.

The property holdings of Oxbridge colleges are worth a combined £3.5bn, while the universities collectively hold property investments worth £863m. These figures do not take into account the value of many historic college sites, which are held at depreciated cost.

Source: Oxford and Cambridge university colleges own property worth £3.5bn | Education | The Guardian

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