Charles Russell Speechlys advises Countryside Partnerships on its £2.5bn joint venture with Warwickshire Property & Development Group
Charles Russell Speechlys has advised developer Countryside Partnerships on its joint venture with Warwickshire Property & Development Group, Warwickshire County Council’s property company.
The newly formed partnership, which is a key part of Warwickshire County’s drive to sustainably realise the potential of its development sites, commercial buildings, and mineral rights, will create 2,000 new homes across £2.5 billion of developments.
Countryside Partnerships will deliver high quality, mixed-tenure homes at scale across the Warwickshire region while Develop Warwickshire will bring sites forward over the next 30 years, with three being taken forward for development within the next 12 months.
Phil McHugh, West Midlands Managing Director, Countryside Partnerships, commented:
"This joint venture is a significant step forward for Warwickshire, over the next 30 years we can make a major contribution to the area, and we can’t wait to get started on our first schemes. I would like to extend a huge thanks to the team at Charles Russell Speechlys, their expertise and professionalism throughout this process has been invaluable.”
Sarah Wigington, Lead Partner, commented:
“It was a pleasure to have assisted Countryside Partnerships on their latest joint venture. Over the years, their pivotal role in transformative regeneration projects has benefitted many local communities and this newly formed partnership with Warwickshire Property & Development Group will continue to do so at scale across the Warwickshire region.”
The Charles Russell Speechlys team was led by Corporate Partner, Sarah Wigington, with support from James Worthington, Partner and Duncan Salmon, Senior Counsel within the Construction team.
