FINANCE

Property portfolio purchase

Spelthorne BC has bought property at Heathrow Airport for £45m. This is the latest addition to the council’s property portfolio, which includes BP’s office park purchased for a reported £360m last year.

Spelthorne BC has bought property at Heathrow Airport for £45m. This is the latest addition to the council's property portfolio, which includes BP's office park purchased for a reported £360m last year.

Council leader, Ian Harvey, said: ‘The acquisition forms part of our ongoing strategy to mitigate the withdrawal of government funding for local authorities.

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