HC Deb 25 June 1979 vol 969 c35W
Mr. Brocklebank-Fowler

asked the Lord Privy Seal what is his latest estimate of the value of the Crown Agents' property investments in Australia; and how this compares with the valuation 12 months ago.

Mr. Neil Marten

The properties held at 31 December 1978 were valued at 153.3 million Australian dollars on outside professional advice. The same properties had been valued at 146.4 million dollars on 31 December 1977. The total valuation of properties held on 31 December 1977 was 172.2 million dollars, but three properties were sold during 1978, realising 29.9 million dollars.

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