Claims selling off some of Christchurch's 'family silver' could deliver the city an extra 450-million-dollars, over ten years

The city's investment company Christchurch City Holdings Limited is urging the city council to cede control of strategic assets, including the airport and Lyttelton Port, to increase dividends.

CCHL executives want Council to give them a more flexible mandate to invest and divest within agreed guidelines, with the expectation of greater returns.