Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: June 24, 2025

Purpose:

Content: The Cabinet considered a report of the Director of Economy and Place, which sought to inform of the performance of the Council’s property investments, and to highlight any associated risks.   The Senior Accountant (Commercial Investments Finance Lead) was in attendance to present the information and to address the questions and the comments of the Cabinet Members.   Resolved that the report, including the assessment of risk with regard to the property portfolio included at paragraph 10 / Appendix 2 be noted.   Reason for decision: The report was provided for Members’ information. Awareness of the financial implications of the Council’s property investments would be essential to enable informed decision-making.   Alternatives considered and rejected: This report was for information only and there were no alternatives to consider.