We are happy to enter into joint venture partnerships. As with all partnerships, the terms of it need to be carefully compiled to ensure that all parties continue to understand their commitments. Typically a company vehicle is formed with each partner receiving a shareholding relative to the amount of commitment or value that they are putting into the venture.
It is this commitment that dictates the shareholding appropriate for each partner, so assuming a land value is agreed of say £1,000,000 when remediated and remediation costs are assessed to be £500,000 then an even shareholding of 50% would be issued and cashed in at the point of sale of the land. These figures are, of course only a guide. Each individual opportunity is carefully calculated to ensure that neither partner gains or loses more than their input value.