PROMOTION OF LAND FOR RESIDENTIAL DEVELOPMENT 

Bidwells was instructed to determine a promotion and disposal strategy for land with residential development potential for a consortium of landowners.

What we did

• Determined the objectives of the landowners

• Made recommendations on the optimum strategy for the promotion of their land

• Advised on the principles of the collaboration agreement to be agreed between the landowners 

• Sought the best terms for the promotion of the property

• Negotiated the heads of terms and promotion agreement with a selected promoter

• Monitored the obligations placed on the promoter, to include approving the planning application and associated agreements to obtain planning permission

Result 

• Determined the optimum promotion and disposal strategy based on the landowners’ objectives

• Negotiated the best commercial terms and appointment of a promoter

• Approved the planning strategy and planning application in accordance with the objectives of the promotion agreement

• Instructed to devise and implement a sales and marketing strategy for the property once it benefits from a planning permission