Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, what is the (a) total book value of the central Government estate in London and (b) rate payable on those properties.
e-PIMS, the central database of properties and land, only holds asset values and rates payable in relation to specific programme requirements. We do not comprehensively record asset values as a matter of course and therefore are unable to provide the total book value. Rates payable information is only collected against individual properties for the benchmarked office estate. For the 149 benchmarked offices over 500m2 in the central civil estate in the London region, net rates totalling £121.3 million were payable in 2017/18.