Government Departments: Buildings

(asked on 1st June 2018) - View Source

Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, how much has accrued to the public purse in capital receipts from estate disposals since the publication of the Government's Estate Strategy in October 2014.


Answered by
Oliver Dowden Portrait
Oliver Dowden
Shadow Deputy Prime Minister
This question was answered on 18th June 2018

The annual breakdown of receipts raised since 2014 is:

Financial Year

Receipts (£ billion)

2014/15

0.22

2015/16

1.06

2016/17

0.6

Total

1.88


The 2014/15 receipts number is embedded in the total of the sales for the period 2010-2015. The total number for 2010-2015 is £1.8 billion and this number has been published in the State of the Estate 2014-15 (https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/497449/2014-15_State_of_the_Estate_accessible.pdf) and the reference can be found on page 31.

The 2015/16 and the 2016/17 receipts have been published in the Transparency Report: Government’s land and property disposals in 2015-16 and 2016-17 (https://www.gov.uk/government/publications/sales-of-government-assets). The total numbers for 2015/16 and 2016/17 can be found on page 9 of the report. The report lists all individual asset sales from page 10 onwards. The full list of asset sales can also be found on the same link in CSV format.

The 2017/18 asset sales are in the process of being validated and will be published in the next Transparency Report.

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