 A property board could be set up to oversee the new department |
A new single body could be set up in Jersey to manage all States-owned properties in the island. Policy and Resources is proposing the new department, known as the States of Jersey Property Holdings.
States-owned properties are valued at �1.6bn and individual committees are responsible for their upkeep.
If approved, the new department would oversee all States property assets except those owned by trading committees and social housing.
The idea is to streamline the system and ensure properties, whether they are sold or managed, are used in the best interest of the island.
The committee is also asking politicians to consider setting up a property board to oversee the new department.