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Joint Venture Agreements and Arrangements

Joint ventures have become a way in the current market to invest in and develop property without one party taking all of the risk and/or putting in all of the funds. This has become particularly attractive as bank finance has become harder and harder to achieve, particularly for speculative projects.

Our team can assist you in advising on the form and structure that the joint venture might take; be that via the creation of an entity and a governing agreement (i.e. shareholders agreement or partnership deed or similar) or be that via a contractual arrangement.

We can help you in formulating the objectives of the joint venture, the controls that you as the client need to achieve vis à vis the other parties and how the joint venture and underlying property will be managed, where decisions are made, and what control each party needs to retain.

How We Can Help

We can also assist on default provisions and the ultimate exit strategy, as well as incentive arrangements for managers, including overage and/or enhanced profit-sharing arrangements.

For further information contact our commercial real estate team on 01206 835316 or email [email protected].

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With over 40 years’ experience, Fisher Jones Greenwood is a long-established Essex Solicitors. With nine offices around Essex, Suffolk and London. Phone us on 08455 435 700 or email us and we’ll call you back to arrange a meeting with a solicitor or lawyer.

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