4. Will the Minister make a statement on the Welsh Government's property and asset strategy? OAQ54111

Our corporate asset management strategy was published in 2016 to bring greater transparency to our approach to managing Government land and property assets. I'm committed to ensuring that the assets we hold as a Government deliver public value and actively support our objectives across Government.

I'm grateful to the Minister for that. In an earlier answer to the Member for Aberconwy, you said that you wished to invest in best practice in the management of the Welsh Government's asset portfolio, and you also encourage the sharing of experience and knowledge. Can I ask you to be a bit more proactive and ambitious than that, Minister? It appears to me that the Welsh Government, alongside the national health service and local government and other parts of the public sector, have enormous value in the assets and properties available to them, but it also appears to me that there is very little proactive management and proactive ambitious management of the assets in the ownership of the public sector as a whole. I'd be grateful, Minister, if you could outline to the National Assembly how you would seek to ensure that this management of assets takes place on a far more joined-up basis, on a more ambitious basis, and if you could outline to us what the objectives are and the targets for the management strategy that you have in place.

Well, as I say, the corporate asset management strategy has been published, and I'm happy to provide the Member with more information. But it is fully aligned to the Well-being of Future Generations (Wales) Act 2015 in its ways of working and well-being goals. And, in fact, it's very much designed to support the Act's challenge that Government decision making should be more holistic. It's about taking a broader perspective and recognising the interdependencies that exist and the importance of working together to maximise public value for money and the impact of corporate decision making. And that particular piece of work should ensure that we are maximising the policy outcomes.

I don't think there's a lack of ambition in this area because all of our departments have asset management strategies of their own, and I'm currently going through those at the moment to ensure that I'm satisfied that they meet our objectives across Government rather than just simply meeting individual department objectives.

We're also developing best practice for acquisitions as well, because we know that we do, from time to time, need to acquire land and buildings, and we need to ensure that that is done with the appropriate transparency and due diligence. There's a lot of work going on in this area. I referred to the work that the Minister for the economy and the Minister for local government and I are doing to change our approach to the land that we hold in Welsh Government to ensure that when it's disposed of in those cases, it is done so in a way that meets our cross-Government priorities, rather than simply being about the bottom line.

Will the Minister update the Assembly on the progress of legal action being taken by the Welsh Government against the two firms that give advice on the sale of publicly owned land by the regeneration investment fund for Wales, which resulted in a financial loss for the Welsh taxpayer? Your progress report will be highly appreciated.

Thank you. I was able to advise David Rowlands earlier on during questions this afternoon that I was the Minister who was in the portfolio when that action was instigated, and as yet the legal action is still going on, but the Minister now with responsibility, Julie James, will certainly update Members when there is something to update. Because it's an ongoing process, I'm afraid I can't comment further today, sorry.