Trowers advises The Ellison Institute on first UK purchase in Oxford
International law firm Trowers & Hamlins has advised The Lawrence J. Ellison Institute for Transformative Medicine in purchasing a life sciences property in Oxford. The acquisition is the first property purchase by the Institute in the UK.
The Ellison Institute has bought the 5.9-acre site which includes the 41,417-square-foot Littlemore House, in a move that strengthens its partnership with the University of Oxford and the Tony Blair Institute for Global Change.
The property, which the Institute intends to use as a hub for Global Health Security Consortium and other Ellison Institute projects, is next to The Oxford Science Park and was bought from London-based Charterhouse Property Group.
Dr. David Agus, Founding Director of the Ellison Institute said:
“We are thrilled to expand our footprint and create a first-class home for the pathbreaking work that the Ellison Institute and the consortium, its leaders, and researchers are doing to improve human lives and help to keep humanity safe. We will always look to push the boundaries of what is politically and scientifically possible but also commit to presenting clear and actionable roadmaps that leaders can put to use."
Trowers & Hamlins real estate partner Tom Calnan said:
"It has been a privilege to represent the Ellison Institute on this ground breaking and ambitious transaction, which will set the platform for market-leading and transformative medical research to be carried out by the Ellison team in Oxford. We very much look forward to being a part of their journey."
Tom Calnan led on the deal, with support from Simon Bryning and Carina Johnston together with the firm's corporate, tax, planning and environmental specialists.