Property Investment Opportunity
This report informs Members of work undertaken in late 2019/ early 2020 regarding a potential investment opportunity for the Borough Council
Additional documents:
Minutes:
(Reasons: LGA 1972 – Sch 12A Paragraph 3 – Financial or business affairs of any particular person)
The report of the Management Team advised that a potential property investment opportunity in Tonbridge had been considered in 2019/20. However, due to the significant impact of the Covid-19 pandemic the commercial risks associated with the proposal were too great and the opportunity would not be pursued.