investmentstrategy on Somerset Dailyhttps://somersetdaily.co.uk/tags/investmentstrategy/Recent content in investmentstrategy on Somerset DailyHugo -- gohugo.ioen-usTue, 07 Jul 2026 05:08:00 +0000Somerset Council Delays Asset Sales to Avoid Appearing Vulnerable to Opportunistic Biddershttps://somersetdaily.co.uk/somerset-council-delays-asset-sales-to-avoid-appearing-vulnerable-to-opportunistic-bidders/Tue, 07 Jul 2026 05:08:00 +0000https://somersetdaily.co.uk/somerset-council-delays-asset-sales-to-avoid-appearing-vulnerable-to-opportunistic-bidders/Somerset Council has strategically delayed the sale of its commercial assets to avoid appearing as an easy target for opportunistic buyers. Since 2023, the council has been gradually selling surplus land and properties, including commercial investments inherited from former district councils. Unique government permission allowed Somerset Council to use the proceeds from these sales to fund front-line services, an exception set to expire after April 2027. In light of this, the council opted for a cautious, phased approach rather than a rapid sell-off, which it feared would damage its reputation and reduce overall returns for taxpayers.