An apology for absence was received from Cllr Samir Jassal; Cllr Leslie Hoskins attended as his substitute.

The minutes of the meeting held on 9 November 2021 were signed by the Chair.

Cllr Lenny Rolles, Cllr Sarah Gow and Cllr Tony Rice all declared an other interest in Item 5. –  Economy and Property Market Update  and Item 8. Property Information Dashboard in that all the above named Councillors were appointed Directors of Rosherville Limited and Cllr Lenny Rolles was also Chair of the Board.

The Service Manager (Property & Regulatory Services) presented Members of the Commercial Services Committee with the RICS publication 'Economy and Property Market Update'.

The Service Manager (Property & Regulatory Services) highlighted the key aspects in the Economy and Property Market update report and drew Member’s attention to the Commercial Property section at page 11 where the report notes that the industrial sector has performed strongly and the market within Gravesham is no different.

The Committee observed that the Gravesham commercial property portfolio reflects the national picture.

The Committee noted the Economy and Property Market Update.

To move, if required, that pursuant to Section 100A(4) of the Local Government Act 1972 that the public be excluded from any items included in Part B of the agenda because it is likely in view of the nature of the business to be transacted that if members of the public are present during those items, there would be disclosure to them.

Part B

Items likely to be considered in Private

Resolved pursuant to Section 100A(4) of the Local Government Act 1972  that the public be excluded during the following items of business because it was likely in view of the nature of the business to be transacted that, if member of the public were present during this item, there would be disclosure to them of exempt information.

The Service Manager (Property & Regulatory Services) provided the Committee with the Property Information Dashboard and highlighted the changes since the previous Committee meeting.

The Committee noted the Property Information Dashboard.