Issue details
Seahorse
The Shareholder Representative presents a report on the past and future affairs of Seahorse Homes Limited.
On the 27th July 2020, the Board of Seahorse Homes Limited agreed that its principal purpose going forward will be to acquire residential properties to let at market rent and, where appropriate, for market sale. It has identified several upcoming opportunities.
To enable Seahorse Homes Limited to operate and develop its infrastructure whilst it is not generating income it will need additional working capital.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: (All Wards);
Decision due: 23 Sep 20 by Cabinet
Lead member: Cabinet Member for Community Safety
Lead director: Corporate Director, Place
Department: Place
Contact: Ann Sutcliffe, (Corporate Director, Place) Email: Ann.Sutcliffe@towerhamlets.gov.uk.
Decisions
Agenda items