Warwickshire County Council · Awarded contract
Awarded

Strategic Property Development Partner for Warwickshire County Council's 50:50 Joint Venture

Awarded 31 Mar 2022

View live tenders
Awarded31 Mar 2022
Value£2,500,000,000.00
RegionWest Midlands
CategoryConstruction
Expires in 25y 5mo30y term, 15% elapsed
Awarded 31 Mar 2022Expires 31 Mar 2052

Warwickshire County Council awarded a contract to Countryside Properties (UK) Ltd for a strategic property development partnership to fund, develop, and undertake sales activity across a programme of schemes primarily throughout Warwickshire via a 50:50 joint venture arrangement.

The Council committed six sites from its landholdings portfolio to the joint venture from the outset, with the potential to deliver circa 2,000 residential units and associated commercial development.

The joint venture may also acquire sites from third parties or the partner may offer sites.

The contract value is AUD 2,500,000,000.

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