Our free email updates are the best way to get headlines direct to your inboxCoventry City Council has proposed a £3 million long lease on an office building for tenants Coventry Building Society. In a cabinet meeting yesterday, Tuesday, September 30, the council heard a proposal which would see the building society let the building on a long lease for £3 million. "This report seeks approval to the disposal of an office building, Oakfield House, for continued office use on a long leasehold basis to the existing tenant, Coventry Building Society (CBS). The report added: "They (Coventry Building Society) plan to invest in the building to improve the building’s environmental credentials and reduce their carbon footprint as part of their climate change action plan." A spokesman for Coventry Building Society said: "We’re looking to secure the long-term leasehold on Oakfield House which is part of our main office campus in Binley.