US EditionFolkestone and Hythe Council’s Property Firm, Oportunitas, Marked by Decade of “Paper Gains” and Operational Losses
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Folkestone and Hythe Council’s Property Firm, Oportunitas, Marked by Decade of “Paper Gains” and Operational Losses
When Folkestone & Hythe DCs Cabinet convene on 26 March to review Oportunitas’s decade-long performance, the numbers paint a dire fiscal portrait. Since its 2014 launch, cumulative losses from core operations—excluding property revaluations and one-off accounting adjustments—have surpassed £500,000. The council’s own ledgers reveal a £114,000 net deficit for 2024/25, a shortfall projected to persist through 2026. Compounding this, Oportunitas’…
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