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Local authorities spend £3.8 billion on commercial property assets

Carter Jonas and Revo have unveiled that local authorities have spent around £3.8 billion (c. €4.4 billion) on commercial property assets between 2013-2017. Spelthorne Borough Council in Surrey, which contains the towns of Ashford, Shepperton, Staines and Sunbury, was the biggest local authority investor committing £477.1 million (c. €550.7 million)…

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