Website compiles list of council property deals
0A series of freedom of information requests has turned up a list of commercial property acquisitions made since 2014 by a sample of local authorities.
The Bureau of Investigative Journalism has published details of transactions made by 119 councils, in an article titled “The public service gamble: Councils borrowing billions to play the property market”.
Room151 reported last month that capital spending by councils on acquiring land and buildings rose 59% in the four quarters to September when compared to the previous period.