Decision details

Review of Jersey Property Unit Trust

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Review of the Jersey Property Unit trust structure.

Decisions:

The Executive was reminded that in 2016 the Council had purchased units in a Jersey Property Unit Trust (JPUT) from Capital and Regional. The JPUT held the interest in The Square Shopping Centre and other retail units around Camberley Town Centre.

 

Members considered an exempt report reviewing the JPUT and agreed the recommendations set out in the report.

 

RESOLVED that the recommendations set out in the exempt agenda report be agreed.

 

 

Report author: Kelly Myles

Publication date: 26/11/2020

Date of decision: 17/11/2020

Decided at meeting: 17/11/2020 - Executive

Accompanying Documents: