§ Viscount Astorasked Her Majesty's Government:
What was the share of the profit that English Partnerships received from the Ministry of Sound rental of the Millennium Dome on 31 December 2001. [HL2224]
§ The Minister of State, Department for Transport, Local Government and the Regions (Lord Falconer of Thoroton)Under the contract between English Partnerships and Ministry of Sound, some time remains before the financial settlement is required to be completed.
§ Viscount Astorasked Her Majesty's Government:
Whether the pre-sale valuation of the Dome site was undertaken on the basis of the Dome being in place or without it; and [HL2263]
Which external advisors were used to value the Dome site; and what were the fees payable to them. [HL2266]
§ Lord Falconer of ThorotonVarious pre-sale valuations and value for money assessments have been undertaken, on the basis of the Dome being in place and without it.
Jones Lang Lasalle are the external advisors who have valued the Dome site. Their fees for the valuation are a constituent element in their overall fee payment in relation to the sale process, which will depend on the finally agreed terms.