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CIFCO continues to generate income for councils to reinvest
Babergh and Mid Suffolk’s commercial property investment company CIFCO generated £2. 5m in net income to support the council finances last year, reports published this week show.
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Councils’ commercial property arm continues to generate income for districts
Babergh and Mid Suffolk’s commercial property company CIFCO made a £6. 7m profit last year and generated £3.
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Mid Suffolk councillors consider budget for 2020/21
The first draft of Mid Suffolk District Council’s budget for 2020/21 is set to be considered by councillors later this month, including a 1.
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CIFCO to continue to generate vital funds for councils
Councillors at both Babergh and Mid Suffolk District Councils have this week approved plans for property investment company CIFCO to continue to bring in funds to support the districts’ recovery.
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CIFCO acquires health centre to generate vital funds for councils
Property investment company CIFCO Capital Ltd today announced the £2. 9m purchase of a GPs’ practice in Nottingham city centre – promising a healthy return for council coffers.
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Councils to consider CIFCO Business Plan for 2020/21 as investment company helps them to weather the COVID-19 storm
Property investment company CIFCO has met payments to Babergh and Mid Suffolk District Councils in full again this quarter – providing vital funds for services, as traditional income is hit…
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Councils to consider CIFCO Business Plan for 2020/21
CIFCO’s annual Business Plan is on the agenda for Councillors over the next few weeks, as the property investment company continues to weather the coronavirus storm and to provide Babergh…
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Statement on the impact of COVID-19 on the councils’ property investment arm – CIFCO Ltd
Careful risk management is helping council property investment company CIFCO Ltd “weather the current storm” with full repayments made for the last quarter and plans in place to support tenants over the…
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Mid Suffolk District Council agrees budget for 2020/21
Mid Suffolk District Council tonight approved its budget for 2020/21, including an increase in council tax that will see £2.
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Babergh District Council approves budget for 2020/21
Babergh District Council tonight approved its budget for 2020/21, including an increase in council tax that will see £5 a year added to the bill of a Band D property.
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