Brunel University has sold its Twickenham campus and unveiled plans to further restructure while offering its staff "incentives for excellence".
The campus, a six-hectare riverside site, has been sold to Octagon, an upmarket house-builder, for an undisclosed sum. The cash will help Brunel deal with the real-terms funding cut it is due to receive for the coming academic year and pay for a £100 million investment programme.
The vice-chancellor has written to staff outlining how "each senior officer will have performance targets and will be accountable to a supervisor for achieving those targets".