Laura Sharman 16 April 2018

Council adopts corporate property management strategy

Council adopts corporate property management strategy image

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

Head of Programme Management Office

Hoople Recruitment
£55.001 - £59.609
The role of the Head of Programme Management Office is the lead professional advisor to the Council on the delivery of... Hereford, Herefordshire
Recuriter: Hoople Recruitment

Hylands Manager

Chelmsford City Council
£43,836 - £48,309
We are looking for the right person with the vision, drive and energy to meet the high expectations the Council has for Hylands House. Chelmsford, Essex
Recuriter: Chelmsford City Council

Partnership Coordinator

The Royal Borough of Kensington & Chelsea Council
£31,800 - £43,000 per annum
Are you passionate about making connections between people and making things happen? Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Business Support Assistant

City of York Council
£18,360 to £19,477 per annum
The successful candidates will be dealing with highly confidential and sensitive information about vulnerable service users. York, North Yorkshire
Recuriter: City of York Council

Campaigns Lead

Barnet London Borough Council
£38,799.00 - £43,590.00 Per Annum
We are looking for an experienced communications and campaigns professional with a strong public sector or health background. Colindale, London (Greater)
Recuriter: Barnet London Borough 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