Purpose

To agree the adoption of the Corporate Estate
Asset Management Framework (comprising the Corporate Estate Policy
and Corporate Estate Strategy and associated Action Plan). These
documents set out the approach and priorities for the management of
the Council’s Corporate Estate over the next five
years.

Decision

(1) 
To approve the Asset Management Framework 2026-2031 suite of
documents, including the Asset Management Policy, Asset Management
Strategy and Asset Management Action Plan, attached at Appendix 1
of the report. 
 
(2) 
To delegate authority to the Head of Corporate Estate and Director
of Capital and Housing to implement the Framework and Action Plan
in accordance with the Council’s Constitution and Scheme of
Delegations to Officers of the Council, in consultation with the
Cabinet Member for Economic and Cultural Sustainable Development,
as defined.

Reasons for the decision

The Asset Management Framework is the
Council’s plan for how we look after and use our operational
buildings and land over the next five years.  It guides everyday decisions about maintenance,
upgrades, sharing space, and repurposing or releasing sites that we
no longer need.
 
Operating as a Corporate Landlord is a new
approach for the Council, centralising and standardising our
management of the estate and requires a strategic framework to
articulate how we will operate over the coming years.

Alternative options considered

None.