The University is seeking to acquire the title of ownership of its Valletta campus in exchange for land at Tal-Qroqq that was effectively taken from it to build the National Pool.
The proposed exchange of property results from a memorandum of understanding signed by Prof. Juanito Camilleri in his last executive action as rector. The agreement is subject to ratification by Parliament and the University Council.
The University said the agreement would resolve a longstanding anomaly regarding the ownership and management of the National Pool and the University Sports Complex and pave the way for their much needed modernisation.