The Portfolio
The Diocese has a portfolio of residential operational property (clergy homes) and land and property investment holdings. The overall portfolio is valued in excess of £65 million and made up of 259 buildings and 3,000 acres of glebe land. The investment portfolio comprises glebe land and commercial properties including industrial, residential and office assets (total value £20m). Over the past 5 years the DBF has sold around 600 acres of land generating £5m which has been reinvested in a Property Fund and financial investments. The Diocese is keen to realise opportunity through its property and land portfolio by way of acquisition, disposal, development and active asset management in order to support the wider aims of the organisation. One key example is The Old Deanery, Wells which is currently on the market. The Head of Property and Glebe also has overall responsibility for the Diocese’s occupied residential assets (homes of the clergy) including circa 250 buildings with a valuation of £62m and is managed by the Property Manager (Diocesan Surveyor) and members of the property support team. The department supports clergy and their families with accommodation appropriate to their needs and, as far as possible, relieves them of domestic concerns in order that they may concentrate upon their pastoral responsibilities. The property department is committed to delivering a high standard of service to its occupiers.
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Candidate Information Pack
Head of Property & Glebe Land
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