Corporate property joint ventures

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Published by a LexisNexis Property expert
Practice notes

Corporate property joint ventures

Copyright © 2025 LexisNexis

Published by a LexisNexis Property expert

Practice notes
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The principal corporate documents required for a corporate real estate (CRE) joint venture transaction involving the development of a property are:

  1. •

    the joint venture agreement (JVA), and

  2. •

    the articles of association of the joint venture company (JVC)

Additional documents that will be required are:

  1. •

    the property sale agreement, see for eg Precedents: Contract for sale—freehold vacant possession conditional on planning and Contract for sale—leasehold vacant possession conditional on landlord’s consent

  2. •

    the development funding agreement, see Practice Note: Real estate finance—development facilities—key features

  3. •

    development management agreement, see Precedent: Development management agreement

Brexit impact

For information on the potential effect that Brexit might have on CRE corporate joint ventures and the possible implications on the drafting, negotiation and enforceability of CRE JVAs, see Practice Notes: Brexit—impact on corporate joint ventures and Brexit—drafting boilerplate clauses [Archived].

Property joint ventures

A property development joint venture allows the parties to it to:

  1. •

    share risk and also to place specialist risk with the relevant joint venture party, eg placing such risk with a developer

  2. •

    gain access to specialist

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Jurisdiction(s):
United Kingdom
Key definition:
JVA definition
What does JVA mean?

See joint venture agreement (JVA).

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