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Property Portfolio

Volume 404: debated on Tuesday 15 April 2003

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To ask the Secretary of State for Defence what the estimated value is of the property portfolio held by his Department. [108378]

I refer the hon. Member to Note 8 of the Consolidated Departmental Resource Accounts 2001–02 (HC47) published on 21 November 2002. Copies have been placed in the Library of the House and the document is available on the Ministry of Defence website.

For ease of reference, the value disclosed in Note 8 of the Accounts was £14,348 million for Land and Buildings and those in the course of construction was £1,577 million.