Department of Finance to sell three civil service buildings

Three civil service buildings are to be sold by the Department of Finance in an effort to reduce office estate and cut costs. The Department has put three properties up for sale, Netherleigh House off Massey Avenue, Clarence Court off Adelaide Street and Victoria Hall off May Street. It hopes that the disposal of these properties will enable it to reduce costs and energy usage.

The properties are currently being listed by real estate agents Lisney, with it accepting offers of around £2,750,000 for Victoria Hall. No asking prices have been given for Netherleigh House and Clarence Court. All three properties are being advertised by Lisney as redevelopment and refurbishment opportunities. A Department of Finance spokesperson said: “Following the implementation of the Civil Service’s Hybrid Working Policy, part of our ongoing Office Estate Review identified opportunities to reduce our office footprint by maximising space usage. Projects have been initiated that allow more staff to be based within existing buildings on the NICS estate. "This has provided the opportunity to reduce our office estate with the sale of a number of buildings including Netherleigh House, Clarence Court and Victoria Hall

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Three presidents on how to make global finance work better for AfricaThe continent needs a stronger voice and more help to help itself, say Nana Akufo-Addo, William Samoei Ruto and Hakainde Hichilema
Source: TheEconomist - 🏆 6. / 92 Read more »

UK finance minister promises NHS £3.4B IT investment to unlock £35B savingsNow, who was it 'challenged' the NHS to go paperless by 2018?
Source: TheRegister - 🏆 67. / 61 Read more »

Staggering Number of People Seek Car Finance Refunds Worth £1,100Martin Lewis reveals that a large number of people have used an online tool to generate complaints letters for potential car finance refunds worth £1,100. Millions of individuals who purchased vehicles on finance before January 28, 2021 may be entitled to thousands of pounds due to 'hidden commission' charges. The consumer website has received over 1 million complaint letters since February 6.
Source: Glasgow_Live - 🏆 4. / 97 Read more »

SNP fraud probe cops quiz witnesses over Sturgeon video denying finance concernsEXCLUSIVE: On the tape, the ex-first minister raged that the SNP finances have “never been stronger”.
Source: Daily_Record - 🏆 9. / 89 Read more »