Property 360
Strategic Aims

1

To maximise existing LBH assets, in order to support and increase the delivery and supply of affordable housing, in particular to maximise the supply of social rented properties.

2

To construct, buy and/or develop a minimum of 1,500 homes between 2016-2022, based on 40% private sale, 40% affordable, and 20% for private rent across the programme to aid and reduce housing demand in the borough.

3

To achieve a minimum blended gross margin on development activity at 20% of Gross Development Value.

4

To invest in the development and training of staff to enable the expansion and efficient running of the business.

5

To ensure the governance and viability of the council is not affected by trading activities undertaken by Property 360.

6

To ensure that all developments undertaken are tenure blind, and offer a good quality, safe environment where people will choose to live.