The Ministry of Defence plans to sell 12 sites to raise £500m for defence budgets
The Ministry of Defence has announced it will sell off a dozen of its sites to raise £500m and provide land for 15,000 homes.
Defence minister Mark Lancaster said the money from the sale will be ploughed back into defence budgets, with the land used to help the government target of building 160,000 homes by 2020.
The 12 sites form the first tranche to be sold off by the Ministry of Defence (MoD). The department plans to raise £1bn in total through land sales, contributing 55,000 homes to the government target.
It will announce further sites to be sold in due course, with a full list published in the Footprint Strategy later in 2016.
The MOD’s estate spans one per cent of all UK land and covers 452,000 hectares.
The 12 sites to be sold are:
- Kneller Hall in Twickenham
- Claro and Deverell barracks in Ripon
- RAF sites Molesworth and Alconbury in Cambridgeshire, and Mildenhall in Suffolk.
- Lodge Hill in Kent
- Craigiehall in Edinburgh
- HMS Nelson Wardroom in Portsmouth
- Hullavington Airfield in Wiltshire
- RAF Barnham in Suffolk
- MOD Feltham in London
No comments yet