Council investment into UK commercial property shows no sign of slowing down and peaked at £1.5bn last year, according to EG data.
This high means that since 2014 local authority spend across all property types has topped £3.7bn.
Councils have invested some £1.4bn into retail and leisure and £1.8bn into offices.
Spelthorne Borough Council has been the most active buyer, investing £662m over the past four years, while Surrey County Council has chimed in with nine separate deals, making it the most active in terms of number of acquisitions.
The amount spent by councils investing into councils outside their jurisdiction has increased year-on-year, more than doubling from £90m in 2016 to £252m in 2017.
With investment in Q1 2018 already reaching £420m and doubling Q1 2017, this year looks set to be another bumper year.
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