BUDGET 2015: The government has announced plans to recruit a ‘shadow chair’ to lead the development and implementation of a new “commercially driven approach to land and property asset management across the central government estate”.
It follows a commitment at the Autumn Statement 2014 to expand the One Public Estate programme to local authorities in England with a significant asset base.
The programme is designed to encourage public bodies share buildings to maximise efficiency of occupation in the public sector estate.
The summer Budget commits a further £6m to help fund the programme to “ensure local government rationalises its estate to contribute to growth and ensure efficient use of public assets”.
