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. 

Matthew Burgess
http://www.mattburgess.co
I am a journalist and author. I am a journalist at the UK edition of WIRED magazine. In 2015, my first book Freedom of Information: A Practical Guide for UK Journalists, was published. My second book Reed Hastings: Building Netflix, was published in March 2020. I created FOI Directory in 2012 and have maintained it in my spare time ever since.