Published: 7th Sep 2020

Leicestershire County Council’s portfolio of commercial property has generated more than £7m over the last 12 months, according to new figures. The figures the portfolio generated a total of £7.1m and produced a total net return of 6.2% for the local authority, compared to the bank base rate of 0.3%. The council said the money will go towards fixing and preventing potholes, delivering social care for adults and children, and other frontline services, helping to mitigate some of the demand pressures facing critical services. The property portfolio includes: A new 100,000 sq. ft building at Loughborough University Science and Enterprise Park – creating a new HQ for tech firm The Access Group. It will create 500 jobs when it opens in November 2020. Apollo Business Park in Coalville – offering 40,000 sq. ft industrial units and creating 120 jobs. Eight units have been let, with another four under offer. Airfield … (To read the full article, subscribe below)