NEW figures show Aberdeen City Council has made £23 million by selling some of its most valuable assets in the last five years.
The Evening Express can today reveal the council netted £23m after selling eight assets – including £10m for the St Nicholas House site, which was snapped up by Muse developments at the end of last year.
The Broad Street site, which previously housed the city council headquarters, will now be home to the £107m Marischal Square project.
The second highest sale since 2010 was an industrial site on Urquhart Road, which was sold to BDW Trading Limited which forms part of Barratt Developments PLC.
The sale in 2013, worth £3.9m, led to 100 two-bedroom apartments being created on the land.
Mile End Primary School was the third highest to be sold, raising around £3.3m for the local authority.
The development led to the creation of around 35 luxury apartments.