Project: Strategic Review
Role: Appointed by The City of Edinburgh Council to undertake a Strategic Review of EDI Group2008
Quayle Munro advises City of Edinburgh Council on review of EDI Group
Quayle Munro was appointed in November 2007 by the City of Edinburgh Council to undertake a comprehensive financial review of EDI Group Limited and review the strategic options open to the Council.
Established in 1988 by the City of Edinburgh Council, EDI is a private company which is 100% owned by the council, with a remit to pursue property development in a manner that enables the Council to unlock the value of its asset base. It owns various commercial properties in Edinburgh and participates in a number of joint ventures with the private and public sector, including a 50% interest in PARC, the vehicle charged with the regeneration of the Craigmillar area of Edinburgh.
A report, which made various recommendations, was submitted to the Chief Executive of the Council in February 2008.