Public Works and Infrastructure ordered a comprehensive review of 6,238 state-owned residential properties allocated to user departments and occupied by officials, together with a strategy for properties no longer required for operational purposes. The official statement said the work must assess retention, repurposing, redevelopment or disposal and examine the cost and governance of the portfolio.
The practical property impact
A large-scale disposal or repurposing programme could release public residential stock, create redevelopment opportunities and materially change how the state manages non-core immovable assets.
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