Property joint ventures
Joint ventures may be formed for a variety of reasons, the most common being the following:
- The project is too large, or complex, for a company to undertake with its available resources.
- The project requires specialist skills, or abilities, which a company is unable, itself, to provide.
- In developing countries, including South Africa, the skills and expertise of emerging firms can be developed through their association in joint ventures with well-established experienced companies.
Contact Tonkin Clacey to help you with your Property Joint Venture agreements.