Nicholas Brown – 2016 Parliamentary Question to the Cabinet Office

The below Parliamentary question was asked by Nicholas Brown on 2016-06-10.

To ask the Minister for the Cabinet Office, what revenue the Government has received from the sale of government-owned assets in the Newcastle upon Tyne local authority area between 2010 and 2016.

Matthew Hancock

Since 2010, the Government has generated £1.8 billion in capital receipts and vacated over 2,000 individual properties. This includes over £600,000 raised from the sale of Government owned property in Newcastle upon Tyne between 2010 and 2016. Disposals of surplus property is improving Government’s estate management and releasing surplus land and property in a way that delivers value for the taxpayer, boosts growth and creates new homes.