Service France Domaine

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Service France Domaine is a French government agency,[1] which plays a central role in the property management of state-owned real estate in France.[2][3] France Domaine acts as the owner of the state real estate, and advises various public administrations in activities related to real estate,[4] for instance by coordinating the real estate strategy for different ministries.[5] France Domaine functions under the ministry for budget and state reform[6] (Ministère du Budget, des comptes publics, de la fonction publique et de la réforme de l'État).[7]

Since 2007, all ministries in the central administration pay internal rent to France Domaine for their use of state-owned real estate.[4][8] France Domaine is tasked with disposing property that is no longer used by the government, and which has become too costly or outdated to maintain.[1] All in all, its real estate operations include buying, selling, renting, and development.[2] Together with approximately 150 regional and local treasury offices under the Public Treasury (Trésor public), France Domaine performs all activities relating to the management of government property assets.[2][9] The aims for France Domaine include to ensure that state property is efficiently managed,[5] increasing the quality of public services, while at the same time reducing costs; and also improving the working environment for government employees.[2]

State real estate stock

The state is the largest owner of real property in France.[10] In 2008, the French government property assets were valued at approximately 45 billion EUR.[11] A study done circa 2003 concluded that the government real estate stock comprised 120 to 150 million square meters of floor space, half of which was offices; the remainder consisting of warehouses, archival buildings, and some 300 000 residential buildings.[10] Approximately 80% of this real estate is occupied by government ministries and public administrative organizations.[10]

Sale of state-owned real estate

In 2005, the French government formed a strategy for state-owned real estate.[4] One of the goals was to reduce government debt by selling state-owned real estate on the market.[4] In 2005 the sales yielded 635 million EUR, and 798 million EUR in 2006.[3] However, only 15% of the returns would be used to reduce public debt.[3] The larger part would be used as an economic incentive to economise on real estate holdings, by being returned to the ministries that previously occupied the property.[3]

Examples of such sales include:

Notes

  1. ↑ 1.0 1.1 1.2 1.3 1.4 The Washington Post 2007.
  2. ↑ 2.0 2.1 2.2 2.3 Trésor Public and France Domaine 2007, p.1
  3. ↑ 3.0 3.1 3.2 3.3 Eurointelligence 2007
  4. ↑ 4.0 4.1 4.2 4.3 OECD public governance committee, p. 20.
  5. ↑ 5.0 5.1 France Domaine 2007.
  6. ↑ Regional European Forum on Reinventing Government, p. 1
  7. ↑ Ministère du Budget
  8. ↑ Trésor Public and France Domaine 2007, p. 2.
  9. ↑ Trésor Public and France Domaine 2007, p. 3.
  10. ↑ 10.0 10.1 10.2 Managing Government Property Assets 2007, p. 103. The information from this section might be from as early as 2003.
  11. ↑ Business Immo 2008.

References

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External links

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