UK local authorities in Sunderland, Newcastle and Birmingham are planning to sell real estate shares to developers, the Sunday Telegraph reported, citing property consultants and the Birmingham City Council. The sale would place assets worth some £10bn partly in private hands.
UK local authorities in Sunderland, Newcastle and Birmingham are planning to sell real estate shares to developers, the Sunday Telegraph reported, citing property consultants and the Birmingham City Council. The sale would place assets worth some £10bn partly in private hands.
The daily said that the decision comes in the wake of Croydon's move to launch a £450 mln urban regeneration project through a Public-Private Partnership.
