NHS Property Services publishes 2023-24 report
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NHS Property Services (NHSPS) has published its annual report for 2023/2024, demonstrating a fresh strategy to deliver a better estate and better service for their customers.

Key achievements highlighted in the report include cost savings of £71 million in 2023-4, as compared with £45.9 million last year, as well as delivering over £150 million worth of value opportunities for the wider NHS through engaging with Integrated Care Boards and enabling refurbishment or building new buildings such as the new Chiswick Health Centre.

Other successes include progressing 250 projects as part of the Health Places programme, with 70 completed on site, a carbon footprint reduction of 8.2 per cent, and the launch of the NHSPS strategy focussing on three pillars: a better estate; a brilliant service and delivering better value for money for customers.

The report showcases how NHSPS has taken huge steps in facilitating better adaption, assessment, and maintenance of the 3,000 buildings of the NHS estate it owns, as well as allowing the organisation to better respond to the Darzi Report and help deliver the 10-Year Health Plan expected in the coming spring.

Alongside cost efficiencies rising by 55 per cent from the previous year, NHSPS has also increased investment in the wider NHS estate by refurbishing or building new health facilities like joint development with Hounslow Council to create 55 affordable new homes for NHS colleagues in the area.

Other aims in the report detail reducing vacant space and environmental targets. The former was reduced by 42,000m2 in 2023-24, and environmental aims exceeded targets. Aiming to reduce carbon emissions by five per cent, NHSPS instead achieved an 8.2 per cent reduction, which gives confidence that Net Zero ambitions for 2030 and 2040 will be achieved.

Martin Steele, chief executive officer at NHSPS, said: “We have made excellent progress this year and find ourselves in a much stronger pace to deliver the property infrastructure needed to ‘Build an NHS Fit for the Future’. And the launch of our thought leadership campaign last month focusses our organisation on low we can best help our customers to access the funding they need. Last year marked ten years of our organisation supporting NHS customers and their communities and in our eleventh year we have placed ourselves in a positive position to deliver great results in 2025.”