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As part of the plan to ensure a “smaller, better, greener” estate, the new government...
Conclusion
As part of the plan to ensure a “smaller, better, greener” estate, the new government property strategy has set a target for disposing of surplus property. The Cabinet Office intends to generate £1.5 billion in property disposals by 2025, £500 million a year, which will be reinvested in the remaining estate.44 The Cabinet Office told us that it has been negotiating with departments since the summer and has seen some preliminary disposal numbers.45
Source
Committee
Public Accounts Committee
Report
Thirty-First Report - Managing central government property
21 Dec 2022
HC 48
Addressee Bodies
HM Treasury
Timeline
Recommendation age
3.4 yrs
Report published
21 Dec 2022