Select Committee on Foreign Affairs Minutes of Evidence

Annex A

FCO ESTATE IN THE USA: COMPLETED SALES AND PLANNED SALES 2001-2004

	Function	Address	£	Date of Sale
2001-2002 FY Sale Agreed,
Washington	Junior Staff Housing	1016 Chelsea Towers 7401 Westlake Terrace		30-07-01
Washington	Junior Staff Housing	508 Chelsea Towers, Westlake Terrace		11-05-01
Washington	Junior Staff Housing	507 Chelsea Towers, Westlake Terrace		15-06-01
Washington	Junior Staff Housing	204 Chelsea Towers, Westlake Terrace		09-07-01
Washington	Junior Staff Housing	5802 Ogden Court Bethesda		06-04-01
Washington	Junior Staff Housing	611 Chelsea towers, Westlake Terrace		agreed 11-2001
New York	Junior Staff Housing	9A, 100 UN Plaza		29-06-01
Total Sales Proceeds—To Date			£1,467,583
2001-2002 FY On market or to go on market
Washington	Senior Staff Housing	5128 Loughborough Road
Washington	Minister's House	76 Kalorama Circle
Washington	Junior Staff Housing	Apt 711 4977 Battery Lane
New York	Junior Staff Housing	19C 301 East 8th Street
New York	CG Apartment	Apt 3 4 East 66th Street
Chicago	Junior Staff Housing	110 Lakewood Drive
2001-2002 Estimated Future Receipts*			£13,870,000
FY 2002-2003 and FY 2003-2004 Planned to go on market
Washington	Senior Staff Housing	4807 Newport Avenue Bethesda	c. 14 million
Washington	Senior Staff Housing	2825 McGill Terrace
New York	Senior Staff Housing	Apt 10D 770 Park Avenue
New York	Senior Staff Housing	Apt 3C 1 East End Avenue
New York	Senior Staff Housing	27D 100 UN Plaza
New York	Junior Staff Housing	Apt 5A 188 East 70th Street
New York	Junior Staff Housing	13C 188 East 70th Street
San Francisco	CG House	2516 Pacific Avenue
2002-2004 Estimated Future Receipts*		n	c. 18 million

  *  Note:   Totals based on US$ sales values for each property; converted to sterling at date of valuation and rounded to nearest £10,000.

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Prepared 18 December 2001