Land Owner Joint Ventures
If you own land that can be granted planning permission then Advanced New Builds are your perfect partner for a property joint venture.
Why Joint ventures are gaining popularity…
For a land owner, developing a property within a joint venture partnership delivers You increased profitability rather then selling the land undeveloped or directly to a developer. In a joint venture, the land owner enters into an agreement with a developer, contributing land while the latter may finance or manage the project or both.
The profits are then shared at a pre-agreed rate within the joint venture agreement. Architects and required consultants may also agree to contribute their services as part of the joint venture and be reimbursed at the conclusion of the project when the profits are realised.
Most land owners and property developers are used to traditional methods of financing construction projects, which involve raising capital by either selling part of the land or borrowing a loan from a bank or both. A joint venture partnership with Advanced New Builds would eliminate this and land owners can achieve a higher return rather then selling the land undeveloped.
If You Have Land To Develop And You’re Interested In Exploring a Joint Venture Agreement
Contact Chris our Company Director for an informal discussion