“The department has for the past nine years sought to compile an accurate asset register, including valuations.
“The asset portfolio under the custodianship of the department currently comprises approximately 29000 land parcels. On this land are approximately 89000 buildings.
“It is by far the largest estate portfolio on the continent. Closely linked to the asset register is land reform. As a department we are part of the rapid land release programme that also includes land restitution, land redistribution and land tenure.
“In this regard, 51 land parcels were released in the last financial year for land restitution. In addition, eight land parcels were released to support economic development. This included the release of two properties to the Airports Company of SA for the expansion of Cape Town International Airport,” said De Lille.