What is a Real-Estate Joint Venture (JV)?
A real estate joint venture (JV), is a deal between two parties to work together and combine resources to develop a real estate project. Most large projects are financed and developed as a result of real estate joint ventures. JVs allow real estate operators (individuals with extensive experience developing real estate projects) to work with landowners.
What are the primary advantages of forming a joint venture with Metropolitan Real Estate?
Metropolitan Real-Estate projects are done through joint ventures projects like Midtown Luxurious Apartments, Metropolitan Tower Apartments, and Central Tower Apartments where landowners invest in their homes by allocating their land ownership to Metropolitan Real-Estate, in return Metropolitan Real-Estate delivers before time with high-quality finishing materials with a promising return on investment.
Requirements for Joint Ventures
Basic requirements to a joint venture include:
· The landowner needs to own land greater than 2000sqm.
· Location matters, which our joint venture specialist will evaluate.
· Both parties need to sign a contract negotiating terms and conditions.
· After the agreement, the landowner needs to transfer the land to Metropolitan Real Estate.
In a Real Estate Joint Venture, each member is liable for profits and losses relating to the joint venture.
A joint venture agreement also enables businesses to take part in investment projects that they normally would not be able to join. Primarily, it allows a company (home company) to invest in projects in other countries by entering into a joint venture with a local partner. In this case, the home company may either be the operating partner or the capital partner.