Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, November 12
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Dorset Council could unlock £46 million from property sales
    Property

    Dorset Council could unlock £46 million from property sales

    November 10, 20252 Mins Read


    Dorset Council has announced it will be selling off property it owns following a new report which has set out its plans to unlock land and buildings for affordable housing, regeneration, and economic growth.

    The council said that the programme will attract private investment, empower communities, and generate £46.7 million to reinvest in Dorset’s priorities.

    This will include using some of the sites being sold off to deliver affordable housing, including social rent homes for local people, in line with the council’s housing strategy.

    The council said that by disposing of its commercial sites it will attract private investment, improve site management, and stimulate business growth.

    Town and parish councils will also be empowered to take ownership of local facilities by applying to take on underused buildings or land for community benefit.

    From the £46.7 million raised through sales of surplus sites, the council said that it can also reduce its borrowing and reinvest the money in essential infrastructure such as roads, schools, and frontline services.

    Cllr Richard Biggs, Cabinet Member for Property & Assets and Economic Growth, said: “This administration’s focus is clear: by releasing council sites we no longer need, we are getting a grip on land and buildings that have stood idle for years. We will now sweat all our assets to reinvest in roads, schools and frontline services for the benefit of all our residents. It’s about unlocking opportunities, being ambitious, and making every penny count.”

    In total 78 sites that are no longer needed and will be disposed of over a period of five years

    The properties are mainly small blocks of garages, vacant former offices, old school sites, commercial units and parcels of land.

    A council spokesperson added: “We will follow clear rules to make sure every sale gives taxpayers the best value.

    “Independent experts will check site values, and sales will be competitive. Where needed we’ll add conditions, so sites are used for housing or regeneration, not left empty.

    “To protect public money and keep prices fair, we won’t share details of individual sites until the right stage in the process.”

    The report will be considered by councillors at the full cabinet meeting on Tuesday, November 11.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUtilities Flat as Traders Seek Out Risk — Utilities Roundup
    Next Article Cryptoqueen who fled China for London mansion to be sentenced over £5bn Bitcoin stash

    Related Posts

    Property

    Is Alibaba’s Jack Ma planning to leave China? – Firstpost

    November 12, 2025
    Property

    London’s housing market still the most valuable in the UK, despite slower price growth

    November 12, 2025
    Property

    Millionaires are leaving the UK in droves

    November 11, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Finance

    insightsoftware lance JustPerform en France, le partenaire financier basé sur l’IA qui accompagne les équipes Finance

    June 30, 2025
    Bitcoin

    Les afflux de capitaux vers Bitcoin augmentent de 350 % – Le prix stagne malgré la croissance

    April 6, 2025
    Bitcoin

    FBI arrests Alabama man for hack of SEC’s X account that sent Bitcoin soarings

    October 17, 2024
    What's Hot

    Bill Would Create $1 Billion Fund to Aid Utilities in Paying Wildfire Victims

    March 1, 2025

    Bitcoin Bulls Are Targeting $72,000, Say Analysts

    October 21, 2024

    Argan, Inc. Announces Chief Financial Officer Retirement and Succession

    August 21, 2024
    Most Popular

    American Water, Essential Utilities announce merger

    October 27, 2025

    Why did the US stock market fall? 3 reasons behind $1.1tn wipe out in single day – US News

    August 1, 2025

    Digital Realty Trust stock hits 52-week high at $165.21 By Investing.com

    October 18, 2024
    Editor's Picks

    China to accelerate new model for real estate development, white list for financing: housing authority

    August 24, 2024

    UK deputy prime minister admits not paying enough stamp duty on second home – The Irish Times

    September 3, 2025

    Bitcoin In Retirement Funds—Here’s The 69% Monthly Dividend Play

    August 14, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.