Jan 2018
Jan 2018

Maples Teesdale advises Alteris Capital Partners on large residential strategic land project

Instructed by Alteris Capital Partners a private equity investor in the dual acquisition of a substantial land promotion business and a house builder.

The land promotion business is a major player in the strategic land market with a substantial number of promotion agreements across England. The promotion sites have the potential to create thousands of houses. The housebuilder is an SME housebuilder with a current output of approximately 150 homes per annum and a pipeline of over 1,500 plots.

Our role was to review and advise on circa 70 sites from either a land promotion perspective or where the sites were currently operational development sites with houses being constructed.

We worked alongside Greenberg Traurig who were advising on the corporate aspects of the transaction and Town Legal, the planning the law boutique

Roger Thornton, Partner, Commercial Property
020 3465 4335

Jon Blackburn, Partner, Corporate
020 3465 4312