Student block purchase to raise £2m a year

By Dan Peters | 25 October 2018

The purchase of a purpose-built student accommodation block in Cambridge will allow Cambridgeshire CC to plough £1.9m a year into frontline services.

Cambridgeshire’s investment of £38m is the first acquisition in its £100m strategy to build a portfolio of investments that both support its objectives and raise a return.

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

Finance Income generation