The Government Property Agency (GPA) was launched as an Executive Agency of the Cabinet Office on 1 April.
It will improve the efficiency and effectiveness of the Government Estate and generate benefits of between £1.4bn and £2.4bn over the next ten years. GPA’s initial portfolio of 80 properties will grow to over 1,000 as it takes on increasing responsibility for managing the general purpose central government estate.
This is an unprecedented move to manage this property portfolio strategically to realise benefits that departments cannot achieve on their own. The GPA will partner with Government departments to find innovative property solutions and expertise to enable them to deliver wider business change more efficiently.
Press Notice: Government Property Agency launches