Issue details
Establishing an investment budget for a strategic commercial property acquisition
Purpose of report: The report sets out an opportunity which has arisen to agree a strategic purchase of a mixed commercial portfolio in York city centre, following the purchase last year of the Swinegate property portfolio.
Members will be asked to agree to this strategic purchase.
Decision type: Key
Reason Key: Cabinet Decision - a 'Key Issue' - decision leading to savings or expenditure of £500,000 or above;
Decision status: Decision Made
Wards affected: Guildhall Ward;
Notice of proposed decision first published: 29/08/2018
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
Information relating to the financial or business affairs of any particular person (including the authority holding that information).
Decision due: 27/09/18 by Executive
Lead member: Executive Leader (incorporating Finance & Performance)
Lead director: Corporate Director of Economy and Place
Department: Directorate of Economy and Place
Contact: Tracey Carter, Director Economy, Regeneration and Housing 01904 553419 Email: tracey.carter@york.gov.uk, Nick Collins, Head of Property Email: nicholas.collins@york.ov.uk.
Consultees
Ian Floyd
Neil Ferris
Patrick Looker
Decisions
Agenda items
- 27/09/2018 - Executive Establishing an Investment Budget for a Strategic Commercial Property Acquisition 27/09/2018
Documents
- Establishing an investment budget for a strategic commercial property acquisition