What is another word for government owned property?
Pronunciation: [ɡˈʌvənmənt ˈə͡ʊnd pɹˈɒpəti] (IPA) 
A common phrase often used in the business world is "government owned property." But there are other ways to describe this type of asset. For instance, it may be called a state-owned asset, public property, or government real estate. Another alternative is state-controlled property, meaning it is owned by the government but managed by a separate agency. The term public land or state land also describes governance-owned property and may refer to parks, forests, and wilderness regions. Whether using government-owned property, state-owned assets, or public land, the terminology used should depend on the context and jurisdiction surrounding the property.
