2009/11/30 Strudwick.Family <[email protected]>

> How much harder will it be to look after the
> Heritage if the portfolio  is owned by a number of  private
> unaccountable companies.
>
>
>

I think there's a confusion growing up here. The portfolio isn't a portfolio
of canal heritage sites: listed warehouses and the like. It's a portfolio of
primarily modern or modernised buildings, which have been assembled as
income earners. In fact, as Sue pointed out on this list a few days ago, a
lot of heritage property has already been sold off by BW. The proceeds
of this have gone into buying other property that composes the portfolio. Or
to use a shorthand, lock cottages have been used to buy bits of Canary
Wharf. Rather than be harder to look after, BW believes that heritage best
resides in private hands - private people if not private companies.

Steve


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