Build to Rent Joint Venture Investment Partner
TfL is seeking to appoint an investment partner to co-invest in a new corporate joint venture vehicle. The vehicle shall have the right to purchase (on market terms) an Anticipated Seed Portfolio of up to 10 sites currently in TfL' s ownership in the expectation that, thereafter, it shall develop private rental units (Build to Rent (BtR) units) on those sites. TfL expects the equity proportions to be 49% TfL to 51% private investor. The BtR Investment Partnership (the Partnership) will offer a rare opportunity to i...
Buyer
TRANSPORT FOR LONDON
Value
£20,000,000
Published
24 Sept 2018
Closes
24 Oct 2018
Procurement details
Source
Contracts Finder
Region
United Kingdom
Procurement method
Other Competitive Procedure Outside The Regulations
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
70000000
Real estate services
Lots
Lot default Build to Rent Joint Venture Investment Partner
£20,000,000
TfL is seeking to appoint an investment partner to co-invest in a new corporate joint venture vehicle. The vehicle shall have the right to purchase (on market terms) an Anticipated Seed Portfolio of up to 10 sites currently in TfL' s ownership in the expectation that, thereafter, it shall develop private rental units (Build to Rent (BtR) units) on those site...
Delivery: London · United Kingdom, London, United Kingdom
Documents
Unlock document linkOpportunity notice on Contracts Finder
24 Sept 2018
Opportunity notice on Contracts Finder
Tender notice · Web page
Untitled document
Not provided
Tender notice
Contains public sector information licensed under the Open Government Licence v3.0.