NHS told to dispose of more surplus land
Thu 27th November 2014, 9:40 am
Health secretary Jeremy Hunt has told the NHS it should dispose of over £7.5 billion of surplus land to reduce spending.
Selling off properties in London alone would amount to an annual saving of £1.5 billion, according to Hunt.
The health secretary said the NHS must make annual savings of at least £10 billion on its £110 billion budget.
NHS England chief executive Simon Stevens promised recently that the NHS is aiming to save £22 billion in annual costs.
In the wake of this news, property publication CoStar reports that NHS Property Services – a specialist property company in charge of managing land previously owned by primary care trusts – has launched a significant recruitment push to employ 19 new property managers.