91ÑÇÉ«

Real estate divestment data

On Jan. 28, the Board of Regents approved recommendations to begin the process of divesting real estate that is not central to 91ÑÇÉ«™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 91ÑÇÉ« into a more student focused, research intensive and financially resilient university.  

By reducing investment in non-core assets, 91ÑÇÉ« will further protect academic delivery, better maintain its infrastructure, and ensure it remain well-positioned to support 91ÑÇÉ«™s current and future learners. 

In addition, the 2025 Auditor General™s Report on facilities found that 91ÑÇÉ«™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 91ÑÇÉ«s™ annual operating expenses as well as a reduction in deferred maintenance liability. 

Building 

Square footage 

Annual savings from closure (Total:$3M) 

Harlow Campus 

18,175 

$1M  

Ingstad building 

12,925  

$150K 

Signal Hill Campus 

94,126 

$1.259M 

Johnson Geo Centre 

33,500 

$672K