Havering Estate Regeneration Partner - Property/Asset JV Company

Tender description

The Council is seeking to appoint a partner to form a long term corporate joint venture property vehicle (on a 50:50 ownership basis) to secure investment and expertise to deliver Havering's housing led regeneration strategy. The initial programme is anticipated to involve 12 sites across the borough delivering in the region of 3000 new homes. The scheme will involve opportunities for development sales in partnership with the Council. The housing led development of sites may also involve a degree of mixed-use development including, but not limited to office, commercial, leisure, retail, community and public realm space being delivered ancillary to the residential focus and as part of the overall complex. The duration of the JV will be for 15 years with options to extend for further periods totalling up to 15 years. The Concession Notice for this project can be found at http://ted.europa.eu/udl?uri=TED:NOTICE:185114-2017:TEXT:EN:HTML