With tough Government targets for housing to be met, it is increasingly falling to councils and developers to think about innovative and creative ways to work together to get more homes built. We know that, when done correctly, a joint venture (JV) can help regenerate and develop parts of a community that have traditionally been hard to reach, or create completely new communities.
Undoubtedly, the most successful JVs are the ones that bring together the best of the private and public sectors, sharing expertise and complementing each other. JVs can't just rely on contractual and financial agreements alone; effective communication and shared objectives must underpin any future strategy.