Laura Sharman 16 April 2018

Council adopts corporate property management strategy

A corporate property management strategy has been adopted by Ashford Borough Council to handle its asset portfolio.

The strategy sets out the framework for managing the council's corporate property portfolio. It has five key principles including establishing a shared central property asset database, adopting a consistent approach to property management and ensuring transparent decision-making.

For new acquisitions, the strategy will apply a range of stringent conditions such as rate of return and creation of new jobs.

Cllr Graham Galpin, the council's portfolio holder for corporate property, said: 'The adoption of this strategy is another milestone on our journey towards becoming a commercial, self-sufficient organisation.

'We are seeing significant returns from our acquisitions. In the 2016-17 financial year, International House delivered a return on investment of 12.6%, Ellingham Industrial Estate 12.3%, Stanhope shops 9% and Wilko 8.8%. I’m confident this new strategy will help us to continue delivering terrific results on behalf of our local residents.'

SIGN UP
For your free daily news bulletin
Highways jobs

Chief Executive

Leicestershire County Council
Up to £234,171
This is a rare opportunity to lead a council with both strength and ambition at a time of change. Leicestershire
Recuriter: Leicestershire County Council

Director of Adults and Integrated Commissioning

Kent County Council
up to £129,530 per annum
A career-defining role at the heart of adult social care transformation. Kent
Recuriter: Kent County Council

Part Time Finance Administrator

Essex County Council
Up to £25081.00 per annum + Pro Rata
Part Time Finance AdministratorPermanent, Part Time£25,081 per annum, full time equivalentLocation
Recuriter: Essex County Council

Senior Customer Services Adviser (Housing Repairs

Mansfield District Council
£28,598 - £33,699 per annum
Mansfield is a town of towns at the centre of things in Nottinghamshire - a place of many strong connections Mansfield, Nottinghamshire
Recuriter: Mansfield District Council

No Wrong Door Deputy Manager

North Yorkshire Council
From £47,181 up to £51,356 per annum pro rata
We’re looking for a passionate, driven, and dynamic professional to join our management team within our innovative No Wrong Door (NWD) service. Scarborough, North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner