Is establishing a property investment company still a sensible idea for a local authority seeking to increase its depleted revenues?
This depends on whether there is a sound business case and you can safely navigate some legal issues.
Some local government treasurers are asking if today's property investment companies will be tomorrow's Icelandic banks, says Helen Randall. She outlines the legal pitfalls to navigate and the key commercial aspects to consider.
Is establishing a property investment company still a sensible idea for a local authority seeking to increase its depleted revenues?
This depends on whether there is a sound business case and you can safely navigate some legal issues.