FAQ
What is a property joint venture?
There are many different types of joint ventures, but all of them share one common feature: they are a combination of partners, pooling their resources to maximise efficiency whilst minimising risk.
How are they structured?
Structures usually involve a joint venture agreement, these are among the most frequently used arrangements in Europe. Under this type of structure, multiple parties enter into a contractual arrangement to purchase and develop a property.
What entities are be used for the joint venture?
A common entity that is used is a Special Purpose Vehicle (SPV), this is the most commonly used structure in Europe. It allows the development itself to be made into a limited company with the partners/investors becoming shareholders of this company.
What type of sites can be targeted?
Residential and commercial sites can be targeted for joint ventures both for buy-to-let or development purposes.
How are joint ventures formed?
A qualified solicitor is usually used to structure the joint venture company, agreement terms and contracts.
Can bank funding still be used in a joint venture?
Mortgages and development funding is often utilised by developers and combined with partner funds to maximise the budget.
What is the minimum contribution?
The minimum varies between each respective project
Can I participate in multiple projects?
You can participate in multiple projects depending on availability
What locations do you focus on?
We primarily focus on high growth areas in the South East with good transport links to London
What type properties are to be developed?
We focus on residential property but will also consider commercial property with the potential to add value or develop.