Croydon to keep hold of loss-making property development firm

By Dan Peters | 02 July 2021

Croydon LBC is expected to keep hold of its property development firm Brick by Brick after rejecting an offer from a ‘credible bidder’.

Senior councillors are due to turn down the offer from regeneration firm Urban Splash and allow Brick by Brick to continue developing a number of sites ‘in order to get the best deal for residents’.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Already a subscriber? Login

Business Finance Planning Regeneration Councillors Property
Top