Decision details

Review performance indicators for the Investment Portfolio and main risks to the programme

Decision Maker: Property and Investments Executive Sub-Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Property and Investments Executive Sub-Committee: 

 

a.   Considered the performance indicators for the asset management of the Commercial Investment Portfolio for Q4 2023/24: 

Indicator 

Measure 

Q4 2023/24 

Comments 

Total contracted annual income 

 

£18,787,500 

Unchanged due to rent free periods on lettings 

Voids 

Vacant units as a percentage of total rental value 

6.5% 

Reduced from 9.1% following lettings at Imperial House and Alchemy 

Rent arrears  

 

Not available 

 

 

b.   Agreed to align future meeting dates to enable KPI updates to be completed prior to publication of meeting reports. 

c.   Considered the main risks to the programme set out under paragraph 10 below. 

 

Publication date: 18/04/2024

Date of decision: 15/04/2024

Decided at meeting: 15/04/2024 - Property and Investments Executive Sub-Committee

Accompanying Documents: