The facility costs of the University were €40.2 million excluding VAT. At the end of 2015, the University used altogether 229,231 square metres of facilities. The University Properties of Finland Ltd owns 76 percent of the facilities used by the University.
The first phase of the Premises Programme was completed in 2015 and leases on approximately 9,300 square metres would expire the following year.
As part of the adjustment and development programme, a second phase of the Premises Programme began, which aims at even more efficient and economical use of facilities.
At the beginning of the year, the Feeniks Library was re-opened on the University Hill and the start of its operations completed the reform of the University Library's activities. At the end of the year, the former Natural Science Building II, renamed Agora after the renovation, opened its doors to staff and students.
Together with Turku University Foundation, the University built a residential building for visitors and individual customers to Vähä-Hämeenkatu 1, right next to the campus. In addition, the University and Turku University Foundation established a mutual real estate company when they acquired the Maaherran makasiini building.
New Investments – Medisiina D and Seili
The University is also investing in new projects. It was agreed in 2015 that the University Properties of Finland Ltd will build Medisiina D for the use of the University of Turku, Hospital District of Southwest Finland, Turku University of Applied Sciences, and National Institute for Health and Welfare THL. The new building supports the extensive University Health Campus Turku collaboration that was established at the end of the year.
Furthermore, the University purchased the buildings and the ground at the island of Seili, which are in the use of the Archipelago Research Institute. At the same time, the University initiated a development project on the future of the area.