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Valuation and Asset Management

Medway Council's Valuation and Asset Management Section provides a whole range of professional property services for the council, ensuring that a strategic and corporate approach is taken to property asset management, in accordance with the authority's priorities and ways of working.Gun Wharf from the river

A team of chartered surveyors manages the council's corporate property portfolio and their key activities are set out below.

Negotiating acquisitions, disposals, land compensation claims and the variation or release of covenants

From time to time the council has land and property assets for sale or rent including:

  • industrial premises
  • office premises
  • retail premises.

Find details of commercial property available in Medway. The section also carries out rent reviews, lease renewals and landlord and tenant work.

Asset Management and the production of the Asset Management Plan and Property Strategy

Medway CrematoriumThis involves both the day-to-day management of the council's land and property assets and the consideration of the council's longer-term service property requirements. Download the council's Corporate Property Strategy (pdf 1,167KB). To use this file you will need Adobe Acrobat Reader. If you do not have this on your computer, please use our advice page.

Providing valuation advice to the council

Valuations are undertaken for insurance, accountancy and sale or acquisition evaluation purposes. The Valuation Office compiles and maintains the valuation list for business rating in England and Wales.

Maintaining land and property records

All land and property in which Medway Council has a legal interest is recorded and maintained using our asset management database and combination of G.I.S. software and Ordnance Survey maps.

The Local Government Transparency Code 2014 requires local authorities to publish details of land and building assets. The latest list Land and Buildings - Jan'15 (pdf 90KB) is now available. 

Regeneration

Medway is the single biggest section of the Thames Gateway and one of the busiest. Massive riverside and town centre regeneration projects are gathering pace at:Chatham Waterfront development artists impression

  • Rochester riverside
  • Chatham town centre and waterfront
  • Strood riverside and waterfront.

Valuation and Asset Management is involved throughout these projects:

  • providing initial advice
  • using compulsory purchase orders to acquire sites
  • managing sites pending the implementation of development.

Find out more about all the regeneration projects within Medway.