Tag Archives: Redland Investment Corporation

Final board directors appointed to Redland Investment Corporation


The two remaining external board directors have been appointed to Redland Investment Corporation (RIC), Council’s new investment arm established to generate new revenue streams and minimise rate increases. Council financial services spokesman Cr Mark Edwards said now the board directors had been appointed, the company wholly-owned by Council could get on with spurring on investment  Continue reading…

Community to benefit from new land management company


Redland City Council has established an investment arm to generate income that will help fund infrastructure and services and minimise rates hikes. Council financial services spokesman Cr Mark Edwards said the wholly council-owned subsidiary Redlands Investment Corporation’s (RIC) charter was to gain best value from surplus Council land and spur investment to benefit the Redlands  Continue reading…