FOI Directory

FOI reveals Welsh Government property deals net nearly £7m profit since 2007

Almost £7m profit has been made by the Welsh Government from properties bought and sold since 2007, new figures show.

Details obtained via a Freedom of Information request showed it made more than £5.7m in profit in just two years on Number 1 Capital Quarter, Cardiff, which was sold in January.

While a total of £2.4m was lost on 12 properties, six property sales raised £9.3m in profit.

Reported by BBC News. You can read the full story here. 

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