§ Mr. Harry Greenway
To ask the President of the Board of Trade if he will make a statement on the future of 1–19 Victoria street.
§ Mr. Eggar
The Department of Trade and Industry and Property Holdings have concluded an agreement with Legal and General Property for the refurbishment of 1–19 Victoria street for reoccupation by DTI as its headquarters building.
Work on site will start shortly and will take approximately 27 months.
When DTI returns to 1–19 Victoria street, it will give up Ashdown house—the building at 123 Victoria street—and other central London buildings, which account for considerably more space than 1–19 Victoria street.