GLA Land and Property Limited
GLA Land and Property Limited (GLAP) is the Greater London Authority’s commercial subsidiary for property investment, development and asset management.
GLAP aims to deliver its portfolio of development on the Mayor’s land and joint venture interests, alongside entering into new opportunities to unlock development outcomes and new homes, through its investment and interventionist capabilities.
Aims
By working with our development partners, the GLA Group and our local authority partners, GLAP seeks to deliver the Mayor’s priorities for London, for the benefit of Londoners.
GLAP is using its land and property portfolio to:
- meet the Mayor’s objectives of building more and affordable homes
- create jobs supporting businesses
- make London a Net-Zero city by 2030, through activity such as disposals, acquisitions and asset management.
GLAP aims to deliver up to a total of 68,000 new homes on the Mayor’s land and joint venture interests, including homes delivered to date and looking ahead over the next 25 years.
Land development
GLAP was established in 2012 and inherited land, property assets and liabilities from the London Development Agency, the London Thames Gateway Development Corporation, and the London part of the former Homes and Communities Agency (now Homes England). In total, 635 hectares of land were transferred to the GLA.
Nearly all the developable land the GLA inherited has been developed; is in the course of being developed; or is subject to a disposal process.
Most of GLAP’s current land holdings are subject to a development agreement. The portfolio is mainly owned freehold, with some long-leasehold interests.
Given the scale of GLAP’s housing projects, most are mixed-use and provide a significant quantum of non-residential floorspace to support the development and surrounding communities; and to deliver liveable and vibrant places.
GLAP’s portfolio also includes a sizeable quantum of industrial land and commercial development, in addition to residential-led sites.
Property Asset Strategy
The property asset strategy gives details of the types of property and assets the Mayor owns and what are being done with these.
It indicates how these assets are used to achieve the Mayor’s objectives and the strategy for their development, disposal or retention.
GLA Land and Property Limited - Property Asset Strategy
Climate Emergency Response
Strategy
GLAP is committed to supporting the Mayor deliver a fairer, greener and safer city for all including for London to be Net Zero Carbon by 2030 as outlined through the Mayor’s Accelerated Green Pathway.
Our approach to delivering against this commitment is set out in our Climate Action Strategy which provides greater details on our commitments and targets.
GLAP Climate Action Strategy
Environmental Sustainability Framework
To support GLA Land and Property Limited’s (GLAP) Climate Action Strategy, all new developments must be designed to meet future needs. This means reducing operational energy use, minimising embodied carbon, and ensuring resilience to climate change.
GLAP has developed an Environmental Sustainability Framework to set out its ambitions and commitments in response to the climate emergency. The framework includes 12 key metrics and performance indicators, created through an evidence-based approach in collaboration with industry stakeholders.
The aim is to strike a balance between high environmental performance and practical deliverability. The framework was developed by a team led by Levitt Bernstein, with contributions from Etude and Currie & Brown.
Annual Report 2023-24
GLAP continues to unlock public land to deliver homes, jobs and community spaces across London. In 2024–25, 1,675 homes were completed, including a strong proportion of affordable housing, despite challenging market conditions.
This year’s report outlines:
- Progress across major development sites such as Barking Riverside, Beam Park and St Ann’s Hospital.
- Delivery of social value, sustainability initiatives and meanwhile uses.
- Strategic actions supporting the Mayor’s priorities for housing, regeneration and inclusive growth.
The report also sets out GLAP’s forward priorities for 2025–26, including accelerating affordable housing delivery, implementing its Climate Action Strategy, and unlocking complex sites through flexible land stewardship and new partnerships.
GLA Land and Property Limited Annual Report 2023-24
GLAP Steering Group
GLAP’s directors must be satisfied that GLAP’s business is properly governed through the broader GLA decision-making framework. GLAP business is considered at a monthly Steering Group meeting. Here you can view summary minutes of GLAP Steering Group meetings.
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