Tag: finance

Tunbridge Wells Council Explains £ 23 million Loan for Shopping Centre Revamp

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Tunbridge Wells Borough Council says that upgrades to its shopping centre will mean higher revenues from parking fees and "new retailers paying higher rents than the current occupiers of the space." The council has revealed that it expects parking charges in the newly refurbished Royal Victoria Place (RVP) shopping centre car park to rise by …

Continue reading Tunbridge Wells Council Explains £ 23 million Loan for Shopping Centre Revamp

First Half of Huge Council Shopping Centre Loan Nears Approval

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Tunbridge Wells Borough Council has given more details of the case for its £ 27 million project to update the Palm Court area of the Royal Victoria Place Shopping Centre ahead of a scrutiny meeting on Monday. But concerns remain that the council will not get the returns it expects, creating a risk that council …

Continue reading First Half of Huge Council Shopping Centre Loan Nears Approval