Public Sector Land and Asset Disposals
Author(s): David McOmish, Owain Lloyd James
The government is committed to releasing surplus assets and land for housing in order to drive economic growth. Over the last Parliamentary session (up to 2015), savings of approximately £1.8 billion were made by vacating and selling property regarded as being surplus to requirement: it is estimated that the current value of public land and property exceeds £358 billion. This assessment provides detail on the strategic background to the government's disposals programme, and outlines a number of potential recommendations for response. The potential impact of the disposal process on the historic environment, as well as the strategic importance attached to it by the Treasury, demand a coordinated, engaged, response from the historic environment sector.
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