Accelerating Disposal Strategies for NHS Property Portfolios
SFT has been actively working with NHS Boards to develop and implement disposal strategies for their surplus property portfolios. This includes addressing key challenges, market conditions, and strategic considerations while exploring opportunities to maximize returns and streamline the process.
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Presentation Transcript
SFT Property Disposals Presentation to Capital Investment Network Tuesday 4th October 2016 Campbell Whyte www.scottishfuturestrust.org.uk
Introduction SFT are working with NHS Boards to develop disposal strategies for their surplus property portfolios My role has been leading a team at NHS GGC focus on accelerating the disposal process and maximising receipts Has it worked? www.scottishfuturestrust.org.uk
NHS GGC Key Projects Facts & Figures No of Sites 34 No of Listed Buildings 20 No of Buildings 73 Total Acreage c 671 ac Community Land / Legacy c 240 ac Housing Numbers 3429 units Smallest Site 0.1 ac Largest Site 250 ac www.scottishfuturestrust.org.uk
Key Challenges NHS hard to deal with , negative perception, history of failed sales Remember we are selling :- market wants oven ready sites deal with constraints upfront Apply expertise and experience, anticipate potential issues Resources both internal and external www.scottishfuturestrust.org.uk
Example Merchiston www.scottishfuturestrust.org.uk
Example Victoria www.scottishfuturestrust.org.uk
Market Conditions Brexit Commercial Activity Limited Residential Demand Market Conditions Housing Development Blockers External Advice www.scottishfuturestrust.org.uk
Strategic Considerations Community Empowerment Housing agenda Mixed picture on planning (reform) Opportunities for collaboration between public sector partners NHS/Local authority integration on service delivery www.scottishfuturestrust.org.uk
Key Opportunities Pre- disposal work Shared knowledge Consistency of approach Deal Structures Focus on advisor and developer performance Resources-internal and external www.scottishfuturestrust.org.uk
Summary Why does it go right and wrong ? Are we the magic solution ? Can we help ? www.scottishfuturestrust.org.uk
