28 meetings · Page 2 of 3
Strategic Investment Board - Monday, 21 July 2025 10.15 am
The Strategic Investment Board met on Monday 21 July 2025 to discuss the disposal of several council assets and the future of Hendeca Ltd. The board approved the commencement of marketing exercises for the potential freehold disposal of investment assets in...
Strategic Investment Board - Monday, 14 July 2025 2.00 pm
CANCELLED
4 attendees · 0 documents · 0 media files
Strategic Investment Board - Wednesday, 25 June 2025 9.00 am
The Strategic Investment Board (SIB) convened to discuss and approve the annual business plan for Connect2Surrey, and to address the corporate strategy and governance of the council's commercial investments. The board approved the Connect2Surrey business pl...
Strategic Investment Board - Monday, 16 June 2025 10.30 am
The Strategic Investment Board met to discuss the future of several property assets owned by Surrey County Council. The board agreed to dispose of all remaining properties owned by Halsey Garton Residential (HGR) and dissolve the company once the sales are ...
Strategic Investment Board - Thursday, 29 May 2025 10.00 am
The Strategic Investment Board met to note decisions regarding director changes and staff consultation at Hendeca Group, a Local Authority Trading Company (LATCO) wholly owned by Surrey County Council. The board formally noted the resignation of the Managin...
Strategic Investment Board - Monday, 14 April 2025 10.30 am
The Strategic Investment Board (SIB) met to approve the annual report for the financial year 2023/24, covering investments and property. The board approved the Strategic Investment Board Annual Report for 2023/24. Discussions focused on re-establishing gove...
Strategic Investment Board - Monday, 10 March 2025 10.30 am
CANCELLED
This meeting has been cancelled.
Strategic Investment Board - Monday, 17 February 2025 10.30 am
The Strategic Investment Board of Surrey County Council agreed to sell [Ranger House](https://www.google.com/maps/search/Ranger+House%2C+Station+Road%2C+Guildford/), an office building in Guildford, to Surrey Property Group, a company which is wholly owned ...
Strategic Investment Board - Monday, 20 January 2025 10.30 am
CANCELLED
This meeting has been cancelled.
Strategic Investment Board - Tuesday, 3 December 2024 2.00 pm
CANCELLED
This meeting has been cancelled.
The Strategic Investment Board (SIB) monitors the Council’s trading activity and its investments in companies to ensure satisfactory performance and effective risk management. The financial returns delivered by trading and investment helps to ensure that we continue to deliver quality services to our residents. The Board will:
(a) approve the allotment of further shares in a Company (whether
to third party shareholders or the Council) (b) periodically evaluate financial performance of a Company (c) approve the strategic direction of a Company (c) approve the sale of the Council’s investment in a company
(d) agree capital or revenue investments of £1m and above proposed by a Company (e) consider any recommendation from Company Directors to cease
trading (f) report to the Council annually on trading activity
(g) consider and approve business case proposals concerning the use of the Council’s landholdings that contribute to the delivery of the Council’s investment strategy
(h) approve all property investment acquisitions or disposals (unless law requires full council approval)
(i) approve investment property asset management expenditure of £1m and above (j) approve the provision of finance to the Council’s wholly owned
property company, Halsey Garten Property Ltd (k) approve the strategic management of the overall portfolio to
ensure a balanced portfolio is maintained (l) approve non-property investments.
