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£773m in value, £13m in maintenance...and 12 bunkers

£773m in value, £13m in maintenance...and 12 bunkers

Tuesday 30 March 2021

£773m in value, £13m in maintenance...and 12 bunkers


If you've ever wondered just how much property is owned by the Government - on your behalf - then help is now at hand.

A new report has been published this week, setting out a 'vision' and a 'mission' for the island's "public estate" - but it also contains some interesting facts and figures as to what exactly that includes.

Jersey's "public estate" covers 609,000 square metres, or 847 "property assets", 275 of which - with a combined value of £773m - are covered by the new strategy. 

Jersey's Public estate

Pictured: the different uses of the 275 sites covered by the strategy.

An infographic breaks down the detail of that public estate further:

Public estate

The assets that are not included in these calculations are the properties in Jersey’s portfolio which are managed by arm’s length organisations, focusing instead on the 275 assets and sites managed as ‘Operational Land and Buildings.’

Screen_Shot_2021-03-30_at_09.38.48.png

Pictured: 275 assets constitute the 'Operational Land and Buildings' element of the public estate.

The government says that the Island Public Estate Strategy 2021-35 provides the framework which will be used when determining how to meet completing needs for publicly-owned land and buildings. It will be used to develop detailed property and asset management plans.

Public estate

Pictured: the 'vision' and 'mission' statements from the new strategy. 

Deputy Kevin Lewis, Minister for Infrastructure, said: “We have long had an estate that has not been configured to allow for its most efficient use. The pandemic has had an unprecedented impact on our lives, and we will use the changes that emerge from it to help us to focus on economic recovery and a more effective and efficient use of our property. 

“Our Public Estate Strategy reinforces many of the initiatives set out in the Government Plan, has been developed in tandem with the Island Plan, and takes account of the latest guidelines for property and estate management. The strategy can help us adapt to the new challenges we face; it will enable us to make more informed choices regarding how we use our assets.”

 

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