Public assets at risk of being undervalued
Author: David Paine, LGC |
One in six councils have been forced to dispose of public assets ?for less than optimal value?, according to a report.
Figures from thinktank Localis show local authorities are seeking to redevelop 13.5bn worth of land and assets over the next five years. Localis has calculated that up to 2.3bn worth of assets could be undersold in that time.