Communities and Local Government written question – answered at on 15 October 2012.
To ask the Secretary of State for Communities and Local Government what the total value of assets was of the regional development agencies sold since 2010.
The proceeds received for the sale of assets by each of the eight Regional Development Agencies outside London in the financial years 2010-11 and 2011-12 were £75.3 million. There have been no further sales in 2012-13.
Assets from the former Agencies transferred to the Homes and Communities Agency in September 2011.
In the 2011-12 financial statements for the Homes and Communities Agency, the total value of disposals attributable to former Agencies’ assets in total was £18.3 million, the majority of which related to land and property asset disposals.
For 2012-13, to the end of August 2012, the total value of disposals attributable to former Regional Development Agencies’ assets was £19.7 million.
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