We consider JVs as essential for landowners looking to achieve returns greater than simple rental payments.
JVs can also more appropriately reflect the fact that the landowner is often contributing far more than just land - particularly where planning permission is required. In addition, JVs can be more tax efficient than simple lease arrangements.
Many landowners are familiar with JVs through their contract farming agreements. Such arrangements are not widely used, however, in other enterprises across the landed estate.
We have transactional experience of JVs from wind-farms to leisure activities, working alongside clients' legal and tax advisers.
Key to any JV is working with the right partner, and continuously developing the relationship post-signing - all of which we can assist with.