Can GLA Group land ease London’s housing shortage?
Two of the largest landowners in the Greater London Authority (GLA) Group are Transport for London (TfL) and the Metropolitan Police Service (MPS).
- TfL is using its land and property to raise revenue. It is expanding its retail and commercial property team and focusing on property development to help it deal with financial pressure.
- The Met is rationalising its property portfolio, and selling land and property that is surplus to its operational needs. The receipts from its sale of land and property will be used for capital investment.
Is this the best use of public sector land? How does the GLA Group balance its financial needs with the strategic priorities of the Mayor, for instance on affordable housing?
The London Assembly Budget and Performance Committee  will tomorrow put questions to the Metropolitan Police Service (MPS), the Mayor’s Office for Policing and Crime (MOPAC), Transport for London (TfL) and the Greater London Authority (GLA), to discuss the use of surplus land and property across the GLA Group.
The following guests will attend:
- James Murray, Deputy Mayor for Housing and Residential Development
- Simon Powell, Assistant Director of Strategic Projects and Property, GLA
- Matthew Punshon, Interim Head of Asset Leverage, MPS
- Rebecca Lawrence, Chief Executive, MOPAC
- Graeme Craig, Director of Commercial Development, TfL
The meeting will take place on Tuesday 7 March from 10.00am in Committee Room 5 at City Hall (The Queen’s Walk, London SE1).
Media and members of the public are invited to attend.
Follow us @LondonAssembly and take part in the meeting discussion using #AssemblyBudget #LandUse
Notes to editors
- The key responsibility of the Budget and Performance Committee is its annual scrutiny of the Mayor’s budget proposals for the next financial year. This involves detailed examination of the Mayor’s plans for spending his budget to help ensure taxpayers’ money is used appropriately and effectively.
- Full agenda papers
- Gareth Bacon AM, Chairman of the Budget & Performance Committee is available for interview. See contact details below.
- As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.
For media enquiries, please contact Sonia Labboun on 020 7983 5769. For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officer. Non-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.