This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Growth in UK university estate recorded in latest survey

01 December 2016

Following further growth in the UK's university estate, it now measures 14.3m sq m, according to the latest survey by the Association of University Directors of Estates (AUDE).

This was 200,000 sq m more than for the 12 months prior to the AUDE study.

Having grown by £2bn in 12 months, the annual turnover of the university estate is recorded at £30bn, despite challenges in funding budgets and a reduction in home students.

Increased investment in the estate saw a 5.6% increase in capital expenditure, with the aim of improving facilities to meet staff and student expectations.

Total property costs are shown to have increased marginally, rising from £95 to £98 per sq m over the past seven years, according to the AUDE report, which is attributed to efforts to improve efficiency.

Examples of the efficiency drive include the securing of commercial deals with companies such as Ocado and Regus for office space, plus commercial leases with Santander and the NHS, by the University of Hertfordshire.

As a result of these efforts, the university's income was recorded at £1,477 per sq m in 2014/15.

Continuing aims of university estate directors include further efficiency drives, cost reduction, estate improvement, raising service levels and increase commercial income.


Print this page | E-mail this page

MOST VIEWED...


Article image Time to waste

Rebecca Hurry, Key Account Manager at WCRS Ltd, looks at how Glamorgan Cricket Club reduced its waste costs and sent its recycling rates skywards.Full Story...

Article image Drive for Real Leadership spurred by 40th anniversary

With a career in industry stretching back over 40 years, Geoff Prudence is committed to improving leadership standards.Full Story...

Exclusive networking opportunity with PFM delegates

Winners of PFM Awards 2017

PFM Awards 2017 finalists announced

http://www.fsi.co.uk/concept-advantage.html