8 Conclusion
119. The MoD is a major land and property owner caring
for a vast range of assets on behalf of the nation. While property
management may not be seen as a core activity within the MoD,
it accounts for a substantial proportion of the MoD's annual expenditure.
120. The provision of good quality accommodation
for Service personnel and their families, modern and efficient
office accommodation, and a well-maintained training estate, play
a vital role in contributing to the effectiveness of our Armed
Forces. It is particularly important, given the current high tempo
of operations, that Service personnel should know that their families
are well housed. Defence Estates is doing much good work and its
new Chief Executive has a candid and realistic approach, but there
are very considerable challenges ahead. It is simply unacceptable
that any of our Service personnel should be housed in sub-standard
accommodation.
121. At a time when the defence budget is stretched,
it is tempting to take from the estates budget. The MoD must resist
this temptation. A failure to invest in maintaining property is
a false economy, leading to greater expenditure in the longer-term.
It is important that the outcome of the Spending Review should
result in a significant increase in investment in the defence
estate.
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