More than half of councils are failing to cash in on their property assets, despite the economic downturn, according to local government experts. Delivery expert 4ps said 60% of councils are not making the most of their property assets . It calls on councils to sell off old or under-used buildings to pay for regeneration and to make savings. The 4ps research showed that in 2007/8 councils generated over £105m by selling off buildings no longer in use. 4ps' director of housing and property, Andrew Rowson, is urging councils to review their property portfolios. He said: ‘ Using their property assets could help provide very effective solutions.' 4ps and Deloitte have published a good practice guide, called The Regeneration Guide, to help councils use their property assets wisely. For a copy of the guide, see www.4ps.gov.uk.