Property plans define your agency's medium to long-term property requirements, including what needs to be added to, changed or removed from the portfolio to support your strategic goals.
An effective property plan is part of wider strategic planning. It provides your agency with a view of:
For investment-intensive agencies, your property plan will also align with and expand on the property-related investments highlighted in your long term investment plan (LTIP).
Quality property planning helps:
Prepare property strategies and operational plans that are linked to four year-plans or long-term investment plans.
Include a property section in your four-year plan. A separate property plan isn't necessary.
Use a simple property plan template – or use the Government Property Portal's 'Intentions' tab – to ensure senior leadership are aware of the future intentions for property interests.
Mandated agencies can also log their intentions for specific leases in the 'Planning' tab of the 'Leases' module in the Government Property Portal.