LAND OWNER JOINT VENTURES & PURCHASE AGREEMENTS
Fortnum Property specialises in working with landowners to release the un-tapped value of their property through Property Development. We have the experience, knowledge, contacts and financial backing to develop projects of a wide variety of sizes together with landowners.
The beauty of land owner Joint Ventures is that we can work together in many different ways. We sit down with the owner, understand their desires and work through different possible Development scenarios. Importantly we will discuss what that means for the landowner and answer any questions.
The key outcome of a Fortnum Property land owner joint venture is to structure an agreement, and development, which seeks to improve the final financial position of the landowner by sharing the returns of the Property Development process. We are interested in talking to land owners with properties of all sizes.
Fortnum Property offers a free Feasibility Study service to landowners who may be interested in understanding the untapped value of their land. This is the first step for any Property Development project. We will review the town planning applicable to the property, estimate the development yield, analyse market conditions, undertake cost estimates and complete program forecasting. The outcome of this Feasibility Study is a Residual Land Value (the potential payment to the landowner under different scenarios).
We discuss the Feasibility Study and Residual Land Value with the landowner in detail. Where the potential Development Project is viable the landowner is invited to continue to work with Fortnum Property. Importantly there is no obligation or cost to the landowner to this point.