A new report into property condition and ownership in town centres by Bond Dickinson has been launched which suggests a Town Centre Investment Management approach, pooling property to help make it more attractive to investors and help in proper management.
Bond Dickinson writes:
A hard-hitting report has proposed a radical new model to get investment back into Britain’s high streets.
The Town Centre Investment Zones report, launched today by a group of property industry experts, demonstrates that asset management of the high street could unlock much-needed investment for local authorities and communities to transform their areas.
The report, carried out by Peter Brett Associates with Bond Dickinson and Citi Centric, suggests that Town Centre Investment Management (TCIM), which involves the pooling of a critical mass of property assets into an investment vehicle, will allow the assets to be managed and curated, rejuvenating the high street.
View the press release
View the full report