Laura Sharman 18 November 2019

Property investment guide for councils is launched

Property investment guide for councils is launched image

A new guide to provide clarity on local authority property investments has been published by the Chartered Institute of Public Finance and Accountancy (CIPFA).

The guidance makes it clear that councils should not borrow more than they need to in order to purely make profit.

Don Peebles, head of policy and technical at CIPFA, said: 'In a landscape still reeling from a decade of austerity, we would not expect commercial investments in property to be abandoned in full. However, we must ensure that responsible decisions are made with transparency and financial sustainability in mind.

'In the end, the most important consideration is how taxpayers will be affected by decisions made at the top, and they should not be left in the dark about the process.'

Building beautiful image

Building beautiful

Edward Nash argues the challenge of embracing beauty is an opportunity for communities.
SIGN UP
For your free daily news bulletin
Highways jobs

Director of Governance and Compliance

Cheshire East Council
Six-figure salary negotiable on experience
Looking for a talented leader who is comfortable working at a strategic level as well as someone with a track record of sound operational management. Cheshire
Recuriter: Cheshire East Council

Director of Corporate Property

Westminster City Council
Competitive Salary
This is a senior role within the Council and so the key to the success will be leadership, engagement and... City of Westminster, London (Greater)
Recuriter: Westminster City Council

Property Manager Temporary Accommodation

Hackney London Borough Council
£55,233 - £56,289
We’re looking for someone who is energetic, focused and committed to managing and improving our buildings in a fast paced team. Hackney, London (Greater)
Recuriter: Hackney London Borough Council

Sustainability & Resilience Manager (maternity cover)

Essex County Council
£51510.0 - £58752 per annum
This fixed-term contract will begin in August 2020 and is expected to last until October 2021 Interviews scheduled to be held Wednesday 10th June 2020 England, Essex, Chelmsford
Recuriter: Essex County Council

Civil Service Deputy Director Roles

GOV.UK
£70,000 - £117,800 & excellent rewards
We’re looking for significant experience of engaging at C-Suite and Board levels, excellent partnership-building and... England
Recuriter: GOV.UK

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