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Local authority investment property - a virtual reality?

By: Language: English Series: Property Management ; 13(1) 1995,10-23(14)Publication details: 1995Subject(s): Summary: States that the total capital value of tenanted non-residential property of the English and Welsh local authorities is greater than the total holdings of the top eight, UK-based, property companies, yet, while property investment companies own tenanted property for financial returns, the primary reason for its ownership by local authorities is not clear.

States that the total capital value of tenanted non-residential property of the English and Welsh local authorities is greater than the total holdings of the top eight, UK-based, property companies, yet, while property investment companies own tenanted property for financial returns, the primary reason for its ownership by local authorities is not clear.