About Property Holdings
P.93/2005 also set out Property Holdings as becoming the corporate landlord for the States of Jersey.
The concept of a corporate landlord is the governance, decision making and budget
management around all property assets is carried out at a corporate and strategic level,
rather than at a service level. Under this model the responsibility and accountability for both the strategic and day to day decision making around land and property assets that services occupy or use is centralised.
All assets held across all government departments fall under the management of Property Holdings within the Department of Infrastructure, Housing and Environment (IHE). The exceptions being properties administered by ‘States Trading Committees’ and the ‘States Social Housing Estate’.
Property Holdings' functions
Property Holdings covers four functions:
- Property Strategy
- Project Delivery
- Estates and Property Maintenance
Within these four functions, Property Holdings provides well-maintained, safe, legislatively-compliant and financially-sustainable property which allows the Government of Jersey to meet its obligation to the public. This includes:
- managing the government property portfolio and ensuring it is correctly configured to match future requirements
- maintaining the assets under management to ensure they are safe and compliant with the relevant landlord obligations
- delivering major government building and infrastructure projects
- develop and deliver the Estate Strategy
Estate Strategy 2021 to 2035
Island Public Estate Strategy 2021-35 provides the framework that will be used when determining how to meet competing needs for publicly-owned land and buildings. The framework will be used to develop detailed property and asset management plans which will enable Government of Jersey to make more informed choices about the utilisation of its estate.
The mission, the strategy’s purpose, is to provide and maintain a safe, compliant public property portfolio in a responsive, innovative and customer-focused manner, and to balance commercial and community obligations, supporting continuous regeneration, a sustainable environment, and a vibrant economy.
The vision is to create a modern, efficient, effective, and sustainable public estate, under one corporate landlord, that supports and enhances our communities, and protects our Island’s future.
Corporate Property Management Board
The Corporate Property Management Board (CPMB) will support and direct the implementation of Island Public Estate Strategy (the Strategy) for Jersey.
The CPMB is the senior officer governance body that advises the organisation on its capital strategy and all property asset management issues. Its membership includes senior officers in finance, property, asset management and service areas. It is chaired by the Director of Property Holdings.
The role of the CPMB will include responsibilities associated with the capital strategy and asset management as set out in the terms of reference.