Source · Select Committees · Public Accounts Committee
Recommendation 17
17
As part of the plan to ensure a “smaller, better, greener” estate, the new government...
Conclusion
As part of the plan to ensure a “smaller, better, greener” estate, the new government property strategy has set a target for disposing of surplus property. The Cabinet Office intends to generate £1.5 billion in property disposals by 2025, £500 million a year, which will be reinvested in the remaining estate.44 The Cabinet Office told us that it has been negotiating with departments since the summer and has seen some preliminary disposal numbers.45