Joint Venture Vehicles in Property Development
Robert Stevenson
(Principal Officer in the Estates Office at Wolverhampton
Borough Council)
Keith Potts
(Principal Lecturer in the Construction Division at the
University of Wolverhampton)
Loraine Houlton
(Principal Lecturer in the Construction Division at the
University of Wolverhampton)
2973
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.
Keywords
Citation
Stevenson, R., Potts, K. and Houlton, L. (1994), "Joint Venture Vehicles in Property Development", Property Management, Vol. 12 No. 2, pp. 16-21. https://doi.org/10.1108/02637479410056240
Publisher
:MCB UP Ltd
Copyright © 1994, Company