March 14, 2025
Operating Assets

Cardiff Council Unveils ‘Ambitious’ Five-Year Strategy for Property Portfolio

Cardiff Council is considering sales or reducing maintenance and running costs of its property portfolio to help plug its funding gap. Currently it manages 300 freehold operational properties, including schools, venues, depots, offices, and sports facilities costing around £40 million annually. Additionally, the council leases 420 properties to community groups and organisations, generating £4 million

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