Will the Minister outline which companies provided a valuation for Gilestone Farm prior to its purchase by the Welsh Government, and the fees paid to those companies for their services?
Answered by Minister for Economy | Answered on 06/03/2024
One valuation was commissioned by Welsh Government prior to the purchase of Gilestone Farm. This valuation was provided by Knight Frank who produced a value of £4.325m, above the agreed purchase price of £4.25m. Knight Frank were paid £24,000 plus VAT for their services.