With budgets set to be tight for the foreseeable future, local authorities are increasingly looking at how they can use their substantial assets to lever in investment, ideally without losing control of 'the family silver'. Dermott Calpin reports from a roundtable organised by property investment facilitator, Public Sector Plc, and The MJ, which discussed current thinking on regeneration investment vehicles.

When the going gets tough, then that's the time for local authorities to be most creative and open to change.