Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, what the total value is of land and property sold by the Government since 2010.
Government raised over £3.46 billion from sales of land and property between April 2010 and March 2018.
Departments are expected to identify land as surplus where it is no longer required for operational purposes. Managing Public Money states that Departments should dispose of surplus sites within 3 years. In 2017 the Office of Government Property published the Guide for the Disposal of Surplus Land, providing detailed guidance on how to plan for and execute land disposals.
As part of the Government Estate Strategy 2018, the Office of Government is leading on a Government commitment to release £5 billion land and property in 2015 - 2020.