Trowers & Hamlins advises The Hyde Group on Joint Venture deal
International law firm Trowers & Hamlins has advised The Hyde Group on their first contractual joint venture deal with house builder Hill, to build 287 homes in Brent.
The £150m development of private and affordable homes covers three brownfield sites and has secured planning permission, with construction due to start this month.
The deal involved both public and private sector negotiations that saw the team advising on property and joint venture contracts and long-term property management.
Trowers & Hamlins Partner Amy Shaw, who lead on the deal said:
"It has been extremely rewarding working on this deal, advising Hyde on their first joint venture with Hill. The project is part of a major regeneration development in Brent bringing new homes to the area. This joint venture marks the beginning of a great strategic and long lasting relationship between the two companies, and we look forward to seeing the project take shape."
Craig Horn Head of Land and Planning at Hyde Housing Group, added:
"Our close relationship with Trowers & Hamlins has been integral during this project and they expertly guided us through the deal. As we increase our program to build thousands of new homes each year, I look forward to working on further deals with Trowers & Hamlins to support our growth plans."