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UBC Properties Trust's mandate is to assist UBC in achieving its academic mission. The most important objective is to build UBC's endowment. A substantial
endowment will ensure that:
- education at BC's largest post-secondary institution remains affordable and accessible;
- leading-edge instruction and research can continue to maintain UBC at the forefront of Canadian universities.
The mission for UBC Properties Trust, as approved by the UBC Board of Governors, is to:
- service and lease market oriented sites, usually on a prepaid basis for 99 years;
- manage and/or dispose of off-campus real estate properties acquired by UBC, usually through donations;
- undertake the planning and/or development of UBC institutional projects including infrastructure when requested by UBC;
- advise UBC where appropriate on its management and development of institutional land holdings.
In the performance and implementation of its tasks and duties, UBC Properties Trust will apply entrepreneurial skills within
the guidelines provided by UBC to ensure full market potential of all transactions.
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