Martin Arnold recently took over The View in Holburn for the much-anticipated return of our Autumn Seminar.
A host of professionals from the housing sector attended to hear insights into the Joint Venture approach to development partnerships, with expertise and knowledge shared by Roger Arnold and Chris Martin from Martin Arnold; Jacqueline Esimaje-Heath, Growth Director at L&Q; and Jonathan Corris, Partner at Devonshires Solicitors.
Within the context of the current economic climate, the seminar provided a timely opportunity to examine the evolution of the Joint Venture [JV] model over recent years and explore the benefits that working in Joint Venture partnership can bring in these challenging market conditions.
The panel demonstrated how to analyse whether a project or opportunity is suitable for a JV, how to pick the right partner to maximise your opportunity and how to manage your risk during the JV process.
The panel included some pragmatic advice on how to make JV’s successful and the benefits of delivering housing in this model. The panel also shared some key advice on how to stress test your JV model to ensure that it is robust enough to deal with difficult market conditions and how to put processes in place to ensure that you are protected if the JV is no longer viable or not working.
We would like to thank Jacqueline and Jonathan for their time and for sharing their invaluable perspectives on the topic and thanks also to those delegates who attended and engaged with our panel to produce some thought-provoking discussion.
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