Savills advises on new Oxford campus for Peking University Business School

19 April 2017

Peking University HSBC Business School (PHBS), advised by Savills, has acquired Foxcombe Hall, in Oxfordshire from The Open University. The 19thcentury building will open as a business school in summer 2018, with students from China, the UK and the European Union.

Foxcombe Hall is a 38,750 sq ft (3,600 sq m) campus set in 15.25 acres (6.17 hectares) and was previously owned by The Open University. The original hall dates from the 1890s with additional buildings added throughout the 20th century.

Peking University is one of China’s leading universities with PHBS founded in 2004 as a graduate-level business school.

Nick Berrill, director in the business space team at Savills Oxford, comments: “We are delighted to assist PHBS in its acquisition of Foxcombe Hall as there was strong competition from UK and overseas institutions and educational bodies. The deal illustrates a significant boost for the local area, further enhancing its reputation as an educational hub and demonstrating its global status.”


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