Robert Stevenson, Keith Potts and Loraine Houlton
Joint ventures in property development can bring considerable benefitsto the parties. For example, in a joint venture involving a localauthority the authority will be able to play…
Abstract
Joint ventures in property development can bring considerable benefits to the parties. For example, in a joint venture involving a local authority the authority will be able to play a positive role in urban regeneration while the developer will gain credibility and hopefully obtain a smoother planning process. Examines the strengths and weaknesses of the three classic joint venture arrangements: joint venture companies; partnerships; and “contractual” joint ventures.