Julian Lewis – 2016 Parliamentary Question to the Ministry of Defence

The below Parliamentary question was asked by Julian Lewis on 2016-05-25.

To ask the Secretary of State for Defence, what assessment he has made of the value for money of the investment made by the Portsmouth Naval Base Property Trust from his Department’s reverse premium of £6 million on assets previously transferred; and what investment he expects the proposed further reverse premium of £13 million to attract.

Mark Lancaster

The Ministry of Defence has not made an assessment of the value of the investment made or proposed by the Portsmouth Naval Base Property Trust. This is a matter for the Trust.