This result is the result of the reassessment that the Institution carried out on its buildings, land and infrastructure.

There was a significant increase in the value of the infrastructure and land assets of the University of La Serena, a result that was confirmed after a reassessment process whose result as of December 31, 2023 showed an increase in the commercial value of 40%; going from $62.728.899.000 in 2022 to $89.244.597.000 in 2023, reflecting a growth of more than 26 billion pesos.

This advance represents important news for the ULS. This is expressed by the Rector of the University of La Serena, Dr. Luperfina Rojas, who maintains that “this significant growth reflects the economic effort that the institution has made in terms of construction and maintenance of university facilities, which contribute not only to providing spaces suitable for the members of the University of La Serena, but also to increase the real estate assets of the house of studies.”

The ULS Finance Director, José Ojeda, explains that this process of revaluation of buildings, land and infrastructure works had as its central objective to reveal the fair value of the immobilized assets, “thus complying with current accounting standards and, on the other hand, , guarantee the stability and economic solvency of our Institution vis-à-vis public and private organizations.”

This process includes a series of stages, among which we can highlight the analysis of the sector in which the property is located, its nearby and immediate urbanization, the potential and quality of the accesses, the construction characteristics of the buildings, surfaces of the complex. and venue program according to current reality. Also the type of facilities (elevators, air conditioning and others), the current state, the level of maintenance and age of the different items.