Liverpool City Council councillors will decide on Wednesday evening on whether to invest £50 million in commercial property

Liverpool City Council councillors will decide on Wednesday evening on whether to invest £50 million in commercial property

Liverpool City Council councillors will decide on Wednesday evening on whether to invest £50 million in commercial property

                                          

Mayor Joe Anderson (Chair of Liverpool City Council’s Cabinet) 6th March 2019
Mayor Joe Anderson (Chair of Liverpool City Council’s Cabinet) 6th March 2019

Liverpool City Council’s Cabinet on Friday agreed to recommend to a public meeting of all Liverpool City Council councillors on Wednesday evening, a new Commercial Property Fund Strategy.

The policy recommends that Liverpool City Council invest £50 million in commercial property of which £25 million will be borrowed and £25 million from future sales by Liverpool City Council of land and buildings.
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