logo
#

Latest news with #HallFarm

University of Reading says farm sale cash will be reinvested
University of Reading says farm sale cash will be reinvested

BBC News

time26-05-2025

  • Business
  • BBC News

University of Reading says farm sale cash will be reinvested

A university has said the planned sale of farmland to build a new village will raise money for food science first emerged in 2021 for nearly 4,000 new homes around the River Loddon near Arborfield, land includes Hall Farm, which is part of the University of Reading's Centre for Dairy university's vice-chancellor Prof Robert Van der Noort said the money would be reinvested in agricultural studies under the terms of a trust covering the land. Speaking to BBC Radio Berkshire, he insisted the sale would not prop up the university's general said: "We just bought another farm... The opportunity we get by generating an income from this by having houses built on it allows us to build new facilities, modern facilities."All universities find the current situation really challenging but... the money we generate from the sale of Hall Farm can only be reinvested in research in agriculture and food sciences." In 2024, the university bought 650 acres of farmland at Farley for £ Van de Noort said the sale of Hall Farm would raise "multiple more" than that have criticised the proposed development of 3,930 new parish councillor Paul Stevens told the radio station: "They're calling it the Loddon Garden Village. We are not convinced it will be a garden. It doesn't sound like a village."Add it to the 4,000 houses at Shinfield and the 3,500 at Arborfield Green and what you've actually built is a large town."The blueprint for the development includes a country park, as well as a main road leading to a new bridge over the M4.A planning application is expected to be submitted to Wokingham Borough Council later this year. You can follow BBC Berkshire on Facebook, X (Twitter), or Instagram.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store