Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    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

    Related Posts

    4 Industries Real-World Asset Tokenization Could Transform in 2026

    Property

    Netherlands Commercial Real Estate 2026 in The Netherlands

    Property

    Torbit HR Insights 2025 & Outlook 2026: In 2026, Top Real Estate Roles Will Blend Domain Expertise With Digital Fluency

    Property

    Polymarket to launch real estate prediction markets in partnership with Parcl

    Property

    Are UK buy-to-let landlords dying out – and should we care? | Buying to let

    Property

    UK property hotspots revealed – see if postcodes have rocketed in value where you live

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    3 Canadian Dividend Stars That Are Still a Good Price

    Investments

    Global Hedge Funds Reconsider Chinese Market Investments

    Stock Market

    Stock-market swings are pushing these investors to adjust their portfolios. Here’s what they’re buying now.

    Editors Picks

    China’s commodity import trend driven by prices, not economy: Russell

    July 18, 2024

    Revolver Resources fires off plans for Mt Isa-style copper targets

    August 6, 2024

    North Korea stole $2.8 billion in cryptocurrency in 2024 and 2025, report says

    October 23, 2025

    Manila Tech Summit 2025 links PH to global FinTech arena

    August 20, 2025
    What's Hot

    13 Best Consistent Dividend Stocks to Buy Now

    September 15, 2025

    Stock market today: Dow rises, S&P 500, Nasdaq slide as tech stocks slip again amid rate-cut uncertainty – uk.finance.yahoo.com

    August 20, 2025

    Investor Group NIU Invest Tightens Grip on DRC Copper-Cobalt Project with Majority Stake

    September 21, 2025
    Our Picks

    L’Arabie saoudite ne remportera pas la Gold Cup – Gold Cup – Quarts – Mexique-Arabie saoudite (2-0)

    June 29, 2025

    North Korea stole $2.8 billion in cryptocurrency in 2024 and 2025, report says

    October 23, 2025

    How Clean Energy Just Overtook Coal — And Why It’s Under Threat

    October 9, 2025
    Weekly Top

    Why Shares of Bloom Energy Are Rocketing Higher Today

    January 8, 2026

    Zero Knowledge Proof Jumps Ahead of LTC, CRO, & BNB with 800x ROI Projections

    January 8, 2026

    Silver Price Outlook – Silver Falls Early on Thursday as Range Still Holds

    January 8, 2026
    Editor's Pick

    Dillian Whyte makes retirement decision in first statement since brutal Moses Itauma KO

    August 26, 2025

    FM Sitharaman says ministry does not advise LIC on investments, Adani investments as per SOPs

    December 2, 2025

    First Circle raises $30m to back Africa’s next FinTech leaders

    November 20, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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