Friday 29 March 2024
 6.4°C   S Moderate Breeze
Ocean Kinetics - The Engineering Experts

News / SLAP reshuffle

The council took over the property company last month.

Shetland Islands Council headquarters at North Ness in Lerwick. Photo: Shetland News

A RESHUFFLE of Shetland Leasing and Property Developments Ltd’s (SLAP) board of directors has been completed after it was bought by Shetland Islands Council (SIC) in October.

The council’s capital programmes manager Robert Sinclair and new finance manager Jamie Manson have been appointed as directors, with SIC lawyer Susan Brunton taking up the secretary post.

The council took ownership of a number of SLAP properties from Shetland Charitable Trust in October in a deal worth just under £17.5 million.

All of SLAP’s previous directors have resigned from the company.

Among the properties in the deal are the council’s headquarters at 8 North Ness, which the council leased from SLAP, and Shetland College.

The move should see the council bring in extra income from leasing out properties, while it will also see its outlay on rent reduce.

SIC director of corporate services Christine Ferguson said SLAP continues to trade as previously after being taken over by the council.

“There is a lot of detailed work that we will be doing over the next three-four months as we begin to manage the SLAP portfolio,” she said.

“The appointment of directors and a company secretary by the council is one of the first steps in that process.”

Become a supporter of Shetland News

Shetland News is asking its many readers to consider start paying for their dose of the latest local news delivered straight to their PC, tablet or mobile phone.

Journalism comes at a price and because that price is not being paid in today’s rapidly changing media world, most publishers - national and local - struggle financially despite very healthy audience figures.

Most online publishers have started charging for access to their websites, others have chosen a different route. Shetland News currently has  over 600 supporters  who are all making small voluntary financial contributions. All funds go towards covering our cost and improving the service further.

Your contribution will ensure Shetland News can: -

  • Bring you the headlines as they happen;
  • Stay editorially independent;
  • Give a voice to the community;
  • Grow site traffic further;
  • Research and publish more in-depth news, including more Shetland Lives features.

If you appreciate what we do and feel strongly about impartial local journalism, then please become a supporter of Shetland News by either making a single payment or monthly subscription.

Support us from as little as £3 per month – it only takes a minute to sign up. Thank you.

 

Newsletters

Subscribe to a selection of different newsletters from Shetland News, varying from breaking news delivered on the minute, to a weekly round-up of the opinion posts. All delivered straight to your inbox.

Daily Briefing Newsletter Weekly Highlights Newsletter Opinion Newsletter Life in Shetland Newsletter

JavaScript Required

We're sorry, but Shetland News isn't fully functional without JavaScript enabled.
Head over to the help page for instructions on how to enable JavaScript on your browser.

Your Privacy

We use cookies on our site to improve your experience.
By using our service, you agree to our Privacy Policy and Cookie Policy.

Browser is out-of-date

Shetland News isn't fully functional with this version of .
Head over to the help page for instructions on updating your browser for more security, improved speed and the best overall experience on this site.

Interested in Notifications?

Get notifications from Shetland News for important and breaking news.
You can unsubscribe at any time.

Become a supporter of Shetland News

We're committed to ensuring everyone has equitable access to impartial, open and quality local journalism that benefits all residents.

By supporting Shetland News, you play a vital role in ensuring we remain a pivotal resource in supporting the community.

Support us from as little as £3 per month – it only takes a minute to sign up. Thank you.