Responding to COVID-19: insight, support and guidance

Managing Surplus Property

CIPFA Property image: a series of buildings

Event summary

The world will never be the same following the COVID-19 pandemic and one of the biggest changes is to our working lives. It is clear that many more of us will be working from home and employers across the public and private sectors will be carrying out a fundamental review of their accommodation. For the public sector, the review of office and other property assets will also be driven by a further period of austerity as the government grapples with the high level of debt left by the pandemic.

Date

19 May 2021
Starts: 10:00
Ends: 15:30

Standard price

£375.00 excl VAT

Network Member Price

£325.00 excl VAT

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About this event

For asset managers this will result in a significant proportion of office and other property being declared surplus to requirements. The management of surplus property on a much bigger scale will be a growing challenge and the need for greater revenue savings and the maximization of capital receipts to repay debt or invest in low carbon green growth has never been greater.

How do we decide whether property is surplus and how does this affect its valuation and accountancy status? How should the growing list of surplus properties be managed? What happens to it while it is vacant and what should our disposal strategy be to maximise capital receipts or revenue savings?

Our sponsors for this webinar, PSP, will share with you some case studies of the management of surplus public sector property that has generated added value over and above what could have been achieved by local authorities pursuing their traditional approaches.

Learning outcomes

The webinar will take you through the process of asset challenge to the declaration of being surplus and the various strategies for alternative use and disposal.

The day will be interactive and will give you the opportunity to find out what is happening across the sector and provide practical tools and guidance for you to apply back in your organisations.

Who will benefit?

This course is aimed at directors, heads of service and asset managers involved in the planning and management of public sector land and property assets. It will also benefit those involved in the use of public sector property for regeneration or housing purposes

CPD hours

Four and a half hours.

Topics

  • Property
  • / Value for money

Download programme schedule

PDF 122.19 KB

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Speaker - Dave Ayre - Property Networks Manager

Dave is a qualified public service manager with extensive experience in the development and implementation of innovative public/private partnerships. Dave manages CIPFA’s Highways Asset Management Planning, Strategic Assets and Property Training Networks and advises on asset management, partnering and wider property issues throughout the UK.

Speaker - Donna Best, Property Advisor, CIPFA

Donna Best

Donna joined CIPFA in March 2020 and is a member of the RICS and Registered Valuer, with extensive experience in the property industry and local government. She has delivered strategic services and property team management in the public sector in recent years.