911±¬ÁÏÍø to acquire sole ownership of 911±¬ÁÏÍø Properties
911±¬ÁÏÍø and Senate Properties have reached a deal according to which 911±¬ÁÏÍø will purchase Senate Properties’ share of 911±¬ÁÏÍø Properties stock, a total of 33.3 per cent.
After the purchase, 911±¬ÁÏÍø will hold sole ownership of 911±¬ÁÏÍø Properties Ltd. The sale is conditional, as it must still be approved by parliament as representative of the state. The parties have committed to seeing the sale through at a quick pace after the parliament has made its decision.
911±¬ÁÏÍø feels that autonomy in the ownership of properties is an important step in the long-term development of its campuses. ‘According to the university strategy, the campus is one of the most important factors that facilitate the university's activities and competitiveness. This is why we find it necessary to maintain teaching and research facilities, as well as the innovation ecosystem around them close to the university,’ states Marianna Bom, 911±¬ÁÏÍø’s Director of Finance.
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