In a variety of situations, Coltham will create business arrangements with one or more parties to pool resources in order to execute and deliver a project. This joint venture is generally characterised by shared ownership, shared returns and risk.
Joint ventures can be wide ranging and mutually beneficial in a whole range of situations – access to finance, access to knowledge and skills to name a few. The critical element is to ensure at the outset strategic alignment of the parties to promote mutual understanding and direction to achieve the desired end result.
For all Joint Venture enquiries contact:
Jill Lane, Sambourne
Shirley Town Centre
Coltham purchased this vacant former office building situated in Sambourne, together with two adjacent barns. Following negotiations with the local planning authority Coltham secured planning consent for the conversion of the main building and adjacent barns to residential use. Coltham sold on the properties with the benefit of the residential consent to a local house builder.
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7/7Via joint venture with Solihull Metropolitan Borough Council and Helical Retail, Coltham completed the comprehensive redevelopment of Shirley Town Centre. The £100m scheme comprised a 5,574 sq m (60,000 sq ft) Asda foodstore, together with 6,500 sq m (70,000sq ft) of non food retail accommodation and 500 underground car parking spaces. Occupiers include B & M, Prezzo, Wetherspoon, Greggs, Poundland and Peacocks.
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