Government Departments: Assets

(asked on 10th June 2016) - View Source

Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, what revenue the Government has received from the sale of government-owned assets in the Newcastle upon Tyne local authority area between 2010 and 2016.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 17th June 2016

Since 2010, the Government has generated £1.8 billion in capital receipts and vacated over 2,000 individual properties. This includes over £600,000 raised from the sale of Government owned property in Newcastle upon Tyne between 2010 and 2016. Disposals of surplus property is improving Government’s estate management and releasing surplus land and property in a way that delivers value for the taxpayer, boosts growth and creates new homes.

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