Council buys office to generate income

By Dan Peters | 15 April 2019

South Cambridgeshire DC has made a £13m investment in a high-quality office building to generate an initial net return of around 5.6%.

Lead cabinet member for finance, Cllr John Williams, said: ‘This investment will give us a good return, which we will re-invest into frontline services for many years.

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Budgets and efficiency Finance Income generation Commercial investment
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