Government Property Agency

Strategic Asset Management Plan

Overview

Laura led a 2022 update to the Government Property Agency’s Strategic Asset Management Plan for the Government’s Managed Office Estate.

As of 1 April 2022, the subject estate comprised 218 properties providing c.729,000 sq m of office floorspace and generating a substantial annual income. Distributed across four Regions – London, North, South and Central – 40% of the total estate floorspace was situated in London.

In updating the 2022 SAMP, Laura played close attention to the GPA’s strategic objectives and ambitious delivery programmes. She also gained a deep understanding of the GPA’s wide-ranging roles as asset manager, landlord, service provider and strategic property advisors. This required wide-ranging engagement with Programme Leads, Regional Portfolio Managers, and other Government occupier representatives.

Laura developed a SAMP bespoke to the GPA’s requirements including a focus on the following:

  • GPA – Our Business – outlining strategic objectives, purpose, services, governance
  • The Present – Estate Baseline – scale, tenure distribution, condition, energy efficiency
  • The Future – Defining Need – having regard to user demand, new clients, partners
  • The Future – Delivery Programmes – the Hubs, Smarter Working, Lifecycle Replacement, Net Zero, Workplace Services programmes
  • SAMP Actions – for the year ahead split into People, Property, Finance, Governance, Data

The completed SAMP was well received by the GPA’s Chief Executive and was seen to represent a best practice approach.

Client
Government Property Agency
Company
Montagu Evans