Islamic bank snaps up Brookes block of student flats – Oxford
An Islamic investment bank based in Kuwait has snapped up a student accommodation block in Cowley for £28.95m.
The new building, on the former Territorial Army site at Slade Park, is built around a central courtyard and contains 350 ensuite rooms in apartments with independent kitchens and sitting areas, as well as 24 self-contained studios.
A spokesman for Oxford Brookes University, which will nominate the tenants in the block, said the new building would fulfil an important role as the university was under an obligation to cut the number of its students in private rented accommodation …