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High Speed Two

Question for Department for Transport

UIN 209305, tabled on 10 October 2014

To ask the Secretary of State for Transport, what the total cost was of relocating HS2 Ltd from Eland House, Bressenden Place to 1 Canada Square.

Answered on

15 October 2014

HS2 Ltd had to move from Eland House as that property will be redeveloped. The decision to leave Eland House was a GPU/Government level one as part of a wider rationalisation and the move builds on HS2’s commitment to drive down costs. The properties have been secured on short term leases through the Government Property Unit ensuring the best value office space that provides substantial savings to the taxpayer and the rent payable at Canary Wharf is lower than the rent at Eland House. The total savings over the next 4.5 years is £9,947,397. The total cost of relocating HS2 Ltd from Eland House, Bressenden Place to 1 Canada Square was £ 5,288,747, including acquisition, fit out and commissioning costs.

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