Our business is based upon the principle of people and community first. Building on that, we have developed a proven model of genuine partnership with councils to help deliver their regeneration objectives and generate much needed additional capital and revenue for further investment into their communities.
We have a tried and tested solution, an Investment Partnership, which can provide councils with significant commercial, financial and delivery benefits. It is a joint venture arrangement in which, crucially, the council is involved as an equal investment partner rather than a client.
|Quick and easy to set up||Partners have an equal share||Councils retain control on development options|
|Forward funding is provided to progress planning and design||An enhanced return for the council – land receipt plus equal share of the development profit||Guaranteed delivery of regeneration and new housing to support the local economy|
We see this model as a strong area of growth for our business and a vital route for councils to address the current challenges they face in meeting their community objectives. The key advantages of an Investment Partnership for a council include low set-up costs, with a timescale of three to six months and the ability to proceed at pace. The council has an equal voice around land development and secures a land value equal to what it could be sold for, as well as receiving half of the development profit.
A fundamental advantage of our Investment Partnership over other models, such as LABVs or Development Agreements, is that it is a flexible model, not a one size fits all delivery structure. It can be adapted to suit local circumstances or to a council’s specific requirements and is not constrained by land value.