Strategic land has always been a key investment area for many housebuilders as well as land traders and investors. Current market conditions have focussed the attention of many more on this lucrative, but also speculative area of development. A detailed understanding of land, planning and tax are just some of the skills required.
Even regular players in this field can sometimes experience difficulties, with disputes arising over the effectiveness of extensions to options and quite commonly the calculation of overage payments. However, strategic land remains an excellent investment for those wiling and able to invest in and manage a well structured and balanced portfolio.
Our strategic land group advises housebuilders, promoters, investors and landowners on real estate development opportunities that involve promotion of land through the planning process over a period of time and an application for planning permission. Opportunities will typically involve both greenfield and brownfield sites, residential, mixed use and commercial schemes, located on urban fringes and out of town.
Our recent track record in strategic land work can be found here.