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Expert Opinion

Could 2026 be the year the £40 billion local authority property stalemate ends?

Local authorities are having to think ahead on giant real estate portfolios
Iain Mulvey. (Graham & Sibbald)
Iain Mulvey. (Graham & Sibbald)
By Iain Mulvey
Graham & Sibbald
January 22, 2026 | 7:00 AM

Local authorities now control over £41 billion of directly held property assets, either via direct holdings, or via the Local Government Pension Scheme.

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