Transport strategy impact

How to land a billion

13 October 2015

How to land a billion

This meeting took place on 15 October 2015. Read the transcript here.

As London’s biggest landowner, Transport for London (TfL) wants to raise more than a billion pounds by developing its property portfolio more commercially.

TfL says this will mean more money to invest in transport, alongside unlocking land for new homes.

Is this figure realistic? Does TfL have the commercial acumen to achieve its aims? And what lessons can be learnt from pioneering cities like Hong Kong?

The Committee will put these questions to:

  • Francis Salway, Chair of TfL’s non-executive Commercial Development Advisory Group
  • Graeme Craig, Commercial Director, TfL.

The Committee will then discuss the recently established London Land Commission and the London Development Panel with the following guests:

  • Amena Matin, Senior Area Manager (lead officer for the London Land Commission), Housing and Land, Greater London Authority (GLA)
  • Daniel Bridge, Principal Development Manager, (lead officer for the London Development Panel), Housing and Land, GLA.

The meeting will take place tomorrow, Wednesday 15 October from 10:00am in Committee Room 5, City Hall, The Queen's Walk, SE1. Media and members of the public are invited to attend. 

Notes to editors

  1. John Biggs AM, Chair of the Budget and Performance Committee, is available for interviews. See contact details below.
  2. Read the agenda and meeting papers.
  3. 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 Ash Singleton on 020 7983 5769.  For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officerNon-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.