Decision details

The Sub-Committee received the Business Plans for 2026/27 for properties in the Council’s investment portfolio: Thames Tower, Porter Building, Charter Building, 12 Hammersmith Grove, World Business Centre 4, Elmsleigh Shopping Centre, Elmbrook House, Communications House, Summit Centre, and BP Main and Southwest Corner. The plans were prepared annually and covered a six-year period. The Principal Asset Manager acknowledged a number of the assets were currently being marketed, but the business plans were part of usual asset management.

The Sub-Committee noted that the figures set out in the Business Plans would be reflected in future sales documents, and explored how capital financing requirements were treated for the properties individually.

The Sub-Committee resolved to note the Business Plans for 2026/27 for the investment portfolio.