Property Strategy

The LSC expects all FE colleges to produce a college property strategy. In particular, all colleges submitting a capital project application need to have an agreed property strategy in place in order for the application to be approved. LSC are in the process of producing a new supplement to property strategies, in the meantime colleges should refer to Supplement A to Circular 02/20 for guidance on how to complete a property strategy. The guide recommends the college consider the following when completing their property strategy:

• Property implications of the three year strategic development plan
• Description and evaluation of existing sites and buildings
• Floor space utilisation
• Opportunities and constraints affecting the strategic plan
• Options generation, appraisal and evaluation