DFID moves out of current Palace Street Headquarters
Fri 23rd November 2012, 3:53 pm
Francis Maude, Minister for the Cabinet Office, has announced that the Department for International Development will move from its current head office on 1 Palace Street to a freehold owned by the government on Whitehall.
The move will save tax payers £62.5m by 2020, according to the government.
The Government Property Unit (which is a part of the Cabinet Office’s Efficiency and Reform Group) collaborated with DFID to ensure an earlier exit out of its current lease.
DFID’s new office on 22/26 Whitehall was previously occupied by the Cabinet Office, which now shares its offices with Her Majesty’s Treasury on 1 Horse Guards Road.
Maude said: “The Efficiency and Reform Group is making sure government works as one to use the freehold property it already owns more efficiently rather than leasing expensive vanity offices.
"We’re sharing space, drawing on the best-practice of the private sector, and we now publish information on how departments use their property so armchair auditors everywhere can scrutinise what we are doing and hold us to account.”
Current owner of 1 Palace Street is Delek Global Real Estate. Its London portfolio includes Kinnaird House on 1 – 4 Pall Mall and Mitre House on Aldgate Street.
According to a Cabinet Office spokesman, Delek Global Real Estate is now considering redeveloping the property for residential use.