Agenda item

Report of the City Surveyor.

The Board received a report of the City Surveyor on the Business Plan 2020-25 Quarter 4 2020/21.

The Chair questioned when the Officers would have appropriate figures for establishing what constituted good performance for Investment Property Group in the current context. The City Surveyor explained that two of the performance measures were to be brought into the RAG system as a matter of urgency noting the difficulty of the current context of the investment property sector particularly the Government’s decision to prohibit commercial tenants from eviction. However, it was added that the City of London Corporation continued to monitor the performance of its investment property portfolio against per groups.

RESOLVED- That the report be noted.