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Departmental Assets

Volume 501: debated on Wednesday 2 December 2009

To ask the Secretary of State for Communities and Local Government 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. (300196)

No asset disposals are planned by the Department in either 2009-10 or 2010-11, the last years of the current spending review period. The Government have stated their intention to realise £16 billion in asset disposals over the period 2011-14 and will publish further details of opportunities to commercialise business assets in the coming weeks.