Davies and Partners Advise on Major Bovis Homes and Riverside Joint Venture
Davies and Partners Solicitors’ specialist Land Acquisition and Disposal Team has advised Bovis Homes on a successful joint venture agreement with The Riverside Group, which will see the development of more than 1,800 new homes at Stanton Cross in Wellingborough.
The 50:50 Joint Venture (JV) will see Bovis Homes’ Northern Home Counties region deliver the homes on behalf of the JV with immediate effect, with delivery of the wider scheme to continue over the next 10 to 15 years. The properties delivered by the JV will be a mix of homes available on the open market and some that will be designated as affordable housing.
Davies and Partners has a long-held national reputation as a leading player in residential land acquisition and development. Bovis Homes has been a client of the Firm for many years and outsourced its entire legal requirements to Davies and Partners in 2017.