The Economics of Community Asset Transfers

A common feature across community businesses in different sectors is for their business model to be heavily reliant on and/or driven by Community Asset Transfers (CATs). A CAT is the transfer of the ownership and/or management of an asset from its public-sector owner (usually a local authority) to a community organisation for less than market value. These transfers are made in order to achieve social, economic or environmental outcomes in the community in which the asset is located.