Page 38 - Hopwell Presentation (Issue) 08-02-2021
P. 38
Strategic Real Estate Activities
Project set up
Local Plan evidence
Delivery
Inception (agreeing the SRE
scope)
Market
Engagement Business, Education, Government, other to inform Masterplan
Delivery strategy
Role of Homes England – debt and/or equity in land
Other potential funding regimes Potential delivery partner review Phasing
Mix of uses
Viability and commercial evidence (to support Local Plan)
Viability and cashflow analysis
Funding streams
Disposal
Fee Structure for SRE Activities
1. Time charge basis - £220 per hour (exc VAT) for project inception and
planning activities (Local Plan support and Planning Application(s))
2. Fixed Fee elements to be agreed where work scope can be defined
3. Agency Fee for Delivery & Land Disposal Activities – 1% of Sale Value for
each Freehold parcel sold, paid from proceeds
4. Terms to be agreed relating to Leases, JV’s and Partnerships
Delivery Leadership Market engagement
Sales and disposal strategy Negotiations
Liaison with legal team and other technical disciplines
Later 2021 Spring/summer 2021 Now