Content

The Property and Investments Executive
Sub-Committee: 

 

a.  
Considered the performance indicators for the asset
management of the Commercial Investment Portfolio for Q4
2023/24: 

Indicator 

Measure 

Q4 2023/24 

Comments 

Total contracted annual income 

 

£18,787,500 

Unchanged due to rent free periods on
lettings 

Voids 

Vacant units as a percentage of total rental
value 

6.5% 

Reduced from 9.1% following lettings at Imperial
House and Alchemy 

Rent arrears  

 

Not available 

 

 

b.  
Agreed to align future meeting dates to enable KPI
updates to be completed prior to publication of meeting
reports. 

c.  
Considered the main risks to the programme set out
under paragraph 10 below.