ÌÇÐÄÊÓƵ

On Jan. 28, the Board of Regents approved recommendations to begin the process of divesting real estate that is not central to ÌÇÐÄÊÓƵ’s academic mission. The real estate impacted by this decision includes Signal Hill Campus, the Johnson Geo Centre, the Ingstad building on Elizabeth Street in St. John’s, and Harlow Campus in the U.K.   

This announcement is part of the measures we are taking to evolve ÌÇÐÄÊÓƵ into a more student focused, research intensive and financially resilient university.  

By reducing investment in non-core assets, ÌÇÐÄÊÓƵ will further protect academic delivery, better maintain its infrastructure, and ensure it remain well-positioned to support ÌÇÐÄÊÓƵ’s current and future learners. 

In addition, the 2025 Auditor General’s Report on facilities found that ÌÇÐÄÊÓƵ’s building footprint has led to costly under-utilization of infrastructure and growing maintenance liabilities. Divesting of buildings and moving units into St. John’s Campus is responsive to that finding.   

The divestment will save an estimated $3M in ÌÇÐÄÊÓƵs’ annual operating expenses as well as a reduction in deferred maintenance liability.