Asset backed

Leyton Mount Frontage

Morgan Sindall Investments has a market leading position in the successful delivery of asset backed projects. There is no "one size fits all" solution, although the key elements of an asset backed transaction are similar.  Public sector landowners are able to gain access to private sector development expertise and funding, enabling them to unlock land value whilst retaining control over what happens on their land and sharing the profits generated.

Typical project structures are:

  • Land swaps (for example, Islington Schools PPP and Moat Lane Towcester Civic Accommodation and Regeneration Project); and 
  • Strategic property partnerships (for example, Bournemouth LABV and Slough LABV)

Public sector bodies and Local Authorities in particular are interested in these types of transaction because, in these times of austerity, they are increasingly having to:

  • Rationalise service delivery and estates, thereby identifying surplus land generate funds to pay for new public buildings, without taxpayer support; and 
  • maximise the cash receipts from surplus land, which leads to contemplation of risk / reward sharing joint ventures.

We are ideally placed to assist our clients in developing these schemes, bringing together the collective experience we have across the Morgan Sindall Group from Morgan Sindall Investments, Lovell Partnership and Morgan Sindall plc.

"LABV's help the public sector unlock embedded value in their surplus assets"