Following the success of the £30m strategic land joint venture between Barwood and LaSalle Investment Managers which is fully committed and is promoting over 1,000 acres through the planning process, Barwood entered into a joint venture with Development Securities PLC in 2009 to create Barwood Development Securities Ltd; the company focuses on promoting unallocated land through the planning process for primarily residential development.
The team has a proven track record throughout the Midlands, East Anglia and the South of England and adopt a hands on dynamic approach at every stage of the process; from securing sites with landowners; promotion of sites through the intricacies of the UK planning system; and where appropriate the end sale of the consented land to maximize sale receipts.
Barwood Development Securities Ltd has funds available for further transactions and will consider a broad range of opportunities from stand alone sites of 5 acres or more, to major urban extensions such as our scheme to the South West of Milton Keynes for 5390 dwellings. We will consider:
- Outright purchase of freeholds with or without an uplift provision
- Joint ventures with landowners to promote their land through the planning process to maximize the value of the land, with the consented land being sold in the open market following receipt of planning consent to maximize sale receipts; Barwood take a profit share from the sale receipts
- Option to purchase subject to planning