The Council has completed the purchase of an unnamed property to add to its commercial portfolio. No details of the transaction have been released although assurances were given that the property would be identified when the sale had been completed.

The Council has invested heavily in property purchases recently. Mostly these are commercial premises in the City Centre. The Council is able to borrow money at preferential rates and claims to be making a 6.75% return on a portfolio valued at £333.48 million .

The Council has recently responded to a FOI request and provided a listing of 398 properties that it owns. Many were purchased in the last century.

The Council has declined to provide individual updated property valuations or reveal the details of the rate of return it gets on each.

The full list can be viewed by clicking here.