Commercial Investment Strategy
Somerset Council has a commercial investment strategy that supports its strategic vision and objectives.
The council has a diverse and resilient portfolio of commercial investment assets that generate income returns. The fundamental objective is to deliver net revenue which will help fund council services.
The commercial investment property portfolio consists of a range of commercial assets, including:
- office buildings
- industrial estates
- retail parks
- hotels
- leisure facilities
The council has also invested via a joint venture in several battery energy storage schemes which contribute to the resilience of the national electricity system, while delivering return on the investment to the council.
The council has a specialist Commercial Investment team which manages all the assets on behalf of the council. The team can be contacted by email: commercialinvestmentproperty@somerset.gov.uk