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GLA Land and Property
GLA Land and Property (GLAP) is a subsidiary company of the Greater London Authority. It was formed on 1 April 2012 as a replacement for the London Development Agency (LDA) as an arms length corporate body to take on the assets of the LDA and other agencies, under the direction of the Mayor of London. It is one of the largest public sector landowners in London and its primary aims are to create jobs and housing. GLAP is headquartered in Windsor House, Westminster in the offices used by Transport for London.
==Formation==
The Localism Act 2011 required that the assets and liabilities of the LDA should transfer to the Greater London Authority and that all commercial activities relating to land and property should be undertaken by a subsidiary company. According to the 2012/2013 report and accounts, the principal activities of GLAP are "the purchase, sale and development of land or property, and the holding of land or property for capital growth or rental" and its primary aims are creating jobs and housing in London.
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