Select Committee on Foreign Affairs Written Evidence


Letter to the Clerk of the Committee from the Head of the Parliamentary Relations and Devolution Team at the Foreign and Commonwealth Office

QUARTERLY REPORT OF ESTATE SALES

  My colleague wrote to Sarah Ioannou in July 2005 enclosing a list of properties that the FCO had sold in the fourth quarter of the Financial Year 2004-05, in fulfilment of a commitment made by Sir Michael Jay to the Committee on 20 July 2004 to submit regular reports. Enclosed with this letter is a table listing the properties sold in the first quarter of the Financial Year 2005-06.

  As with previous tables, the figures shown are the gross sales proceeds. Transaction costs will vary, but can be expected to average 6-8%. None of the properties involved was the residence of a Head of Mission.

Chris Stanton

Parliamentary Relations and Devolution Team

11 October 2005

FCO PROPERTY SALES FOR THE PERIOD 1 APRIL to 30 JUNE 2005
Post Type of Property Gross Sales Receipts
30 May 2005Brisbane Residential£160,000
8 June 2005Helsinki Residential£185,000
20 June 2005Bratislava Residential£383,000
Gross sale proceeds £728,000





 
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