William Eichler 04 February 2020

Aberdeen council considers selling buildings for £45m

Aberdeen council considers selling buildings for £45m image

Aberdeen City Council is considering selling off hundreds of public buildings in an attempt to find millions of pounds of funding.

The cash-strapped council is considering selling around 90 industrial units, 15 offices, 75 shops and 130 ground lease properties, which are valued at £45m.

It is estimated that collectively these sites raise £5m a year in rent.

A spokesperson for Aberdeen CC stressed that at this stage they were only ‘seeking to gauge market interest’.

‘In 2019, as part of the council’s budget setting process, it was agreed to review its commercial property portfolio, which largely dates back to the former district and regional councils,’ they said.

‘At this stage Aberdeen City Council is simply seeking to gauge market interest in its commercial estate to inform future decision making.’

The spokesperson also noted that the portfolio excludes key strategic locations, such as strategic city centre sites, Marischal Square and The Events Complex Aberdeen (TECA).

SIGN UP
For your free daily news bulletin
Highways jobs

Social Worker - Children With Disabilities (CWD) - Chelmsford

Essex County Council
£30906 - £42254 per annum + Free Parking & Great Benefits
Please note that this opportunity is NOT OPEN to Newly Qualified Social Workers. In line with the newly created Skills and Capability Framework for England, Essex, Chelmsford
Recuriter: Essex County Council

Economic Data Analyst - SELEP - South East LEP Area

Essex County Council
£30906.0 - £34017 per annum + + Great Benefits Package
Please note that while listed with Chelmsford as the primary location, existing members of the SELEP team reside across Essex, Kent, East Sussex and b England, Essex
Recuriter: Essex County Council

Sector Engagement Lead - SELEP - South East LEP Area

Essex County Council
£39168.0 - £43299 per annum + + Benefits Package
Please note that while listed with Chelmsford as the primary location, existing members of the SELEP team reside across Essex, Kent, East Sussex and b England, Essex
Recuriter: Essex County Council

Director for Adult Health & Social Care

Nottingham City Council
circa £103,000
We are really excited to offer a unique opportunity to join our Leadership Team as our new Director for Adult Health and Social Care Nottingham, Nottinghamshire
Recuriter: Nottingham City Council

Finance Assistant (P2P & Income)

Essex County Council
Negotiable
Job Purpose Purchase to Pay (P2P) and Income aims to provide a comprehensive financial transactional and support service, maximising new and innovat England, Essex, Chelmsford
Recuriter: Essex County Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue