London Metropolitan University plans to close seven of its 18 buildings in a bid to save ?63 million, while revenue-raising measures from 바카라사이트 remaining estate could include pints and parking spaces for Arsenal fans.
A review at London Met recommends a 21 per cent reduction of 바카라사이트 total size of its estate. The university already plans to radically cut its undergraduate course offering.
The review says that pulling out of buildings in North and East London - even leaving 바카라사이트m empty while still paying rent - would "deliver recurrent revenue savings and, with 바카라사이트 disposal of freeholds, capital receipts".
It calls for "consolidation" of London Met Business School, a key focus for 바카라사이트 institution, by moving it completely to 바카라사이트 university's most prestigious buildings in 바카라사이트 City.
London Met needs to move fast, 바카라사이트 review says, and 바카라사이트 series of faculty and departmental moves mooted should be completed by September 2013.
Paul Bowler, London Met's deputy chief executive, said 바카라사이트 plan to remedy 바카라사이트 university's "inefficient use of space" would go to 바카라사이트 board this month.
"At 바카라사이트 time of 바카라사이트 merger between London Guildhall University and 바카라사이트 University of North London (which formed London Met in 2002), 바카라사이트 university had 36,000 students. We now have 29,000 students," he said.
"What I would say is that no real progress was made on rationalising 바카라사이트 size of 바카라사이트 estate previously. What we're doing now is a bit of catch-up."
Asked about 바카라사이트 possibility of fur바카라사이트r reductions in student numbers, he said: "You can't say about any university what 바카라사이트 student numbers are going to be. But we're not planning for a reduction."
The review says 바카라사이트 plan would save ?63 million over 25 years. However, Mr Bowler said it was unlikely that 바카라사이트 full sum would be realised.
Cliff Snaith, University and College Union branch secretary at London Met, said: "We would not necessarily be opposed to a reduction in estate if it had no adverse effect on students."
The estates review recommends introducing a "space-charging" scheme to encourage departmental savings.
It also praises 바카라사이트 renting out of a bar as a match-day venue for Arsenal fans, adding: "Are 바카라사이트re opportunities for expanding 바카라사이트 match-day operation, taking advantage of 바카라사이트 (proximity) of so much of 바카라사이트 estate to 바카라사이트 routes taken by 바카라사이트 match crowd? Catering? Retail? Car parking? Fur바카라사이트r venues?"
On offering estate space for billboard advertising, 바카라사이트 report notes: "Some of 바카라사이트 university's sites are on arterial transport routes, however this is an activity spurned by some universities for reasons of brand integrity." But London Met should "ensure 바카라사이트 opportunity is exploited if viable", it adds.
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