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Departmental Assets

Volume 501: debated on Tuesday 24 November 2009

To ask the Secretary of State for Defence what assets of his Department are planned to be sold in each year from 2009-10 to 2013-14; what the (a) description and (b) book value of each such asset is; what the expected revenue from each such sale is; and if he will make a statement. (300198)

The Ministry of Defence (MOD) keeps its estate under constant review to meet present and planned future requirements, with a view to disposing of surplus assets as quickly as possible. A list of the sites comprising the present and potential future programme is available in the Library of the House.

Details of all MOD holdings over £1 million, including sites in disposal, together with their latest asset valuations can be found in Chapter Seven of the National Asset Register, on HM Treasury's website:

Details of all property below £1 million in value could be provided only with disproportionate cost.

Receipts from individual sales depend on market conditions at the time of sale and other factors. Where pre-sale valuations have been obtained, then release ahead of the sale could, in any case, influence the market and they are thus regarded as commercially confidential.