Partnerships

Joint ventures and development management

We work with landowners, investors and lenders who have a site or property and need a development team to deliver it. We provide appraisal, planning, design, procurement, construction management and exit, and can share the risk.

Who we work with

Landowners, investors and lenders.

Landowners

Listed buildings, city-centre commercial property, estates, former golf courses, lakes, quarries and redundant commercial land, with or without planning consent.

Investors and family offices

Capital seeking development returns without an in-house team, or property already held that needs repositioning, consent or redevelopment.

Lenders, receivers and operators

Stalled or part-built schemes, surplus operational property, and assets where completing or converting will realise more value than a sale as seen.

Ways of working together

Three ways of working together

Each structure is agreed scheme by scheme and properly documented.

Development management

Fee based

You retain the site and the capital, or give us a mandate to source funding. We provide the full development team and deliver the scheme on your behalf.

Joint venture

Profit share

The site is contributed to a joint vehicle and we deliver the scheme through to exit, sharing the return.

Co-investment

Capital and delivery

We invest alongside you and take the development role, with our own capital in the scheme.

Fees, profit shares and risk allocation are discussed and agreed on engagement.

Services

A full in-house development team

01Appraisal and strategy

Residual appraisals, cost and value sensitivity, use options, and a clear recommendation on whether to develop, hold or sell.

02Planning and heritage

Planning applications, listed building consent, non-material amendments, Section 106 and conditions discharge, with retained consultants.

03Design management

Briefing and co-ordinating architects and engineers so that the scheme is buildable, fundable and viable.

04Procurement and contracts

Tendering, contractor selection and administration of JCT contracts, including variations, valuations and disputes.

05Construction delivery

Programme, cost control, quality and site co-ordination through to practical completion and defects.

06Development finance

Lender sourcing, facility negotiation, monitoring surveyor liaison and drawdown reporting.

07Infrastructure and utilities

Power, water, drainage and access, including independent network and off-grid energy arrangements where the grid falls short.

08Exit and operation

Sales, lettings, leases and asset management, or handover to an operator for leisure and lodge schemes.

How it starts

From first conversation to agreement

Step 1

Conversation

Tell us about the site, what you own and what you want to achieve. We will confirm quickly whether it is something we can help with.

Step 2

Desktop review

An initial appraisal at our cost: planning position, likely uses, indicative figures and principal risks.

Step 3

Structure

We propose one of the three structures above, with heads of terms setting out roles, funding and decision-making.

Step 4

Agreement and delivery

Solicitors document the agreement, a programme is agreed and work begins. You receive the same reporting we do.

Our commitments

  • Site information is held in confidence and not circulated to third parties.
  • If a scheme is not viable, we say so before significant costs are incurred.
  • Decisions and expenditure above agreed limits remain with you; day-to-day management sits with us.
  • Monthly reporting on cost, programme and risk, in plain English.
  • Fees are structured so that most of our return depends on the scheme's performance.

Contact

Talk to us about a site.

Send us an outline of the site and what you want to achieve. We respond to every approach.

Emailenquiries@draperco.uk
Also seeLand and property requirements for the property and land we buy outright.