FINANCE

GLA developer stuggles with £300m debt

Auditors have warned a developer owned by the Greater London Authority (GLA) may require a rescue package.

article-author
By Martin Ford | 20 December 2024
City Hall, London © Abdul_Shakoor / Shutterstock.com

Auditors have warned a developer owned by the Greater London Authority (GLA) may require a rescue package.

GLA Land and Property is a wholly-owned development company that aims to deliver up to 68,000 new homes on land owned by the authority.

Martin Ford

Popular articles by Martin Ford

  1. Essex announces chief executive
  2. Minister rejects 'diktat' accusation
  3. Putting culture at Durham's core
  4. Councils to take part in national pandemic exercise

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?

Martin Ford

Popular articles by Martin Ford

  1. Essex announces chief executive
  2. Minister rejects 'diktat' accusation
  3. Putting culture at Durham's core
  4. Councils to take part in national pandemic exercise
footer-logo

©2024 Hemming Group Limited. Registered in England and Wales. Registered No: 490200. VAT number GB342 023 408