Decision details

INVESTMENT PROPERTY STRATEGY

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To approve the strategy for property investment.

Decisions:

RESOLVED:  That

 

(1)          an addition to the Capital Programme of £20m in order to proceed with the acquisition of the investment property portfolio be approved;

 

(2)          the treasury management Counterparty Policy be amended in respect of investment in a property portfolio from an upper limit of £10m to £20m.

 

Publication date: 02/07/2016

Date of decision: 25/02/2016

Decided at meeting: 25/02/2016 - Council

Accompanying Documents: