Decision details

To approve new asset management and performance arrangements for the council’s income generating tenanted estate

RESOLVED:

1.  That the asset management plan (AMP) for the commercial property estate contained in Appendix 1 of the report, be approved including:

·  A clear strategic direction and performance management arrangements for the portfolio

·  a pilot letting scheme for the Market Place/Southwark Park Road area (“the Blue”)

·  actions identified through the recently completed Southwark Voluntary and Community Sector Strategy 2017-2022.

2.  That it be noted that the new AMP presents a refreshed approach to achieving a vibrant and sustainable commercial property estate, encompassing work by members and officers, review by overview and scrutiny committee and fully responding to recommendations made by the council’s internal auditors in their reports of January and September 2016.