§ Mr. Peter AinsworthTo ask the Secretary of State for Transport, Local Government and the Regions what proportion of the eventual sale proceeds of the Dome site will be attributable to Lattice Properties plc. [2692]
§ Ms Keeble[holding answer 9 July 2001]: When English Partnerships acquired land on the Greenwich Peninsula from British Gas in 1997, the sale and purchase agreement provided for British Gas (Lattice Properties plc) to receive a proportion of any onward sale proceeds. This is set at 7.5 per cent. of sale proceeds or open market value.