Government Land and Asset Management. Driving economic development in Queensland

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Cameron Martin
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1 Government Land and Asset Management Driving economic development in Queensland

2 What we do Oversee Divestment of surplus government land and achievement of value uplift Advise On land and asset management Lead As required on projects, transactions and policies

3 Value uplift Zoning Tenure Value Uplift Configuration Environmental

4 How we do it Economic Development Board Transaction Policy Making and Amending Local PIanning Instruments (MALPI) Statutory Guideline 02/14 GLAM Services Contracts and Standing Offer arrangements In-priority proposal framework Government Land for Accommodation & Support Services (GLASS) program.

5 Economic Development Board Provides advice and makes recommendations to the Minister for Economic Development Queensland. Considers government land transactions via provisions of the Transaction Policy.

6 Transaction Policy

7 Transaction Policy Reviewed and updated the decision making and governance framework for the State Government s real property assets. Replaced the Government Land Policies and interim arrangement Parent principle: The state only holds real property assets when their ownership is essential to and offers best value in supporting: delivery of core government services meeting government s strategic objectives.

8 Transaction Policy (cont.) Sets out requirements for: Acquisitions Surplus property Disposals (including criteria for in-priority disposals) Leases Maximising use of strategic and long term holds

9 Transaction Policy (cont.) Acquisitions need to support service delivery needs or strategic purposes. All surplus assets are registered on the Government Land Register. All disposals submitted to GLAM for value uplift opportunities. Provides greater visibility of Government property transactions. All transactions represent best value for government.

10 MALPI Statutory Guideline 02/14

11 MALPI Statutory Guideline 02/14 Sets out the minimum requirements which must be followed by local government for making or amending a planning instrument (MALPI Statutory Guideline 02/12). Applies a long-standing existing generic statutory power for the Minister to direct a local government to amend its planning scheme for GLAM purposes through rezoning of surplus State Government land. Supports State government to dispose of land efficiently while removing the uncertainty that accompanies Government land being incorporated in specific and constrained land use zone.

12 MALPI flowchart

13 GLAM specialist advice GLAM has engaged expert advice to support current capabilities and to provide ad hoc strategic and specialist advice: on a range of matters and properties on a portfolio and single asset basis as required

14 Key Capabilities Property & Commercial Real estate advisory Property Valuations Transactions structuring and management, including those requiring a licenced real estate agent Technical Planning & design Land Surveying Engineering civil and building Quantity Surveying Facilities management, including condition assessments Environmental Heritage

15 In-priority proposal framework Value for money overarching driver for Government Private sector participation Competitive process Probity framework Dealing exclusively may be warranted, but only in exceptional circumstances At the sole discretion of Government there must be a compelling case to do so Initial proposal can be considered by GLAM subject to Economic Development Board approval in most cases

16 Criteria 1. Community Need/Government Priority 2. Value for Money 3. Intellectual Property 4. Preliminary investment by proponent 5. Risk/Cost allocation 6. Capacity and capability 7. Feasibility 8. Public interest and benefit to Government 9. Competing proposals

17 Further Guidance Transaction Policy (February 2014) Available on the DSDIP (GLAM) website) Section 4.5 on In-priority disposals (currently being reviewed) Project Assurance Framework (PAF) guidance material current version by DSDIP is available on the Projects Queensland website Appendix A on Exclusive mandates Processes are currently under review by Government - GLAM@dsdip.qld.gov.au

18 Government Land for Accommodation & Support Services (GLASS) NFP sector sought access to government owned land Program developed to provide land for development

a i l e d P ro p o s a l M ay S e p tember 2 0 1 4 N e go t i at i o n a n d a g re e m e n t O c

19 Programming Stage 1 Stage 2A Stage 2B Stage 3 Stage 4 Expression of interest Aug-Dec 2013 R e q u e s t fo r P ro p e r t y A p p l i c at i o n J a n - A p r i l R e q u e s t fo r D e t a i l e d P ro p o s a l M ay S e p tember N e go t i at i o n a n d a g re e m e n t O c t o b e r D e c e m b e r D e l i ve r y a n d o p e rat i o n D e c e m b e r o n wa rd s

20 Questions? Natalie Wilde General Manager Government Land and Asset Management Planning and Property Group, DSDIP

Minimum Educational Requirements

Minimum Educational Requirements (MER) For all persons elected to practice in each Member Association With effect from 1 January 2011 1 Introduction 1.1 The European Group of Valuers Associations (TEGoVA)