QEIICC to remain in Government hands, private management is explored

The UK Government has reversed plans to sell The Queen Elizabeth II Conference Centre (QEIICC) made by the previous Government in April 2009.
 
The latest decision will see the Department for Communities and Local Government retain its freehold interest in the Westminster-based building, in line with current Government Property Unit policy to retain freeholds in the Whitehall area.
 
According to Westminster City Council, the building will remain a conference centre as it has proved to be of considerable economic benefit to the Westminster area.
 
The Department for Communities and Local Government plans to undertake pre-market engagement in May to explore viable options for the centre’s future including whether to outsource management to the private sector.
 
The Department is investigating three options: A short-term operating contract; a medium-term lease; and a longer-term lease, but would consider other value for money options the market proposed.
 
As previously reported in CN, the former Government’s Budget statement confirmed the QEIICC was to be sold by mid-2012, although a Communities and Local Government spokesperson said current market conditions precluded any immediate sale.
 
The QEIICC delivers an annual net surplus of more than £2m. The venue caters for 40-1,300 delegates in plenary session and 2-2,500 in total capacity, and has 29 conference and event spaces across seven floors.
 
Any conference-related news? Email sarah@mashmedia.net

Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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