Decision Maker: Cabinet, Council

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: February 10, 2026

Purpose: To approve the Strategic Annual Property Plan 2026/27 – 2030/31

Content: Cabinet:   1)      Note the contents of the Strategic Asset Management Plan 2026/27;   2)      Approve the Annual Property Plan 2026/27.   Cabinet recommend Council to:   3)      Approve the Strategic Asset Management Plan 2026/27 to 2028/29 which incorporates the Property Investment Strategy;   4)      Approve the delegation to the Director of Regeneration, in consultation with the Chief Finance Officer (Section 151 Officer) and the relevant portfolio holder for Property and Finance, to be able to make investment decisions within the approved Property Investment Strategy parameters and in accordance with the approved Annual Property Plan;   5)      Retain the delegation levels from the previous approval at a limit of 5% of the overall property portfolio valuation;   6)      Approve the process set out for the disposal of any surplus Operational assets and delegate disposal and lease and investment decisions to the Director of Regeneration.