Rapidly-growing private equity real estate firm Henley has launched its latest business initiative, Henley Camland LLP. The joint venture with experienced placemaking and infrastructure firm Camland Projects, will see Henley enter the large scale master plan residential development land market.
As part of a full placemaking service, Henley Camland will specialise in the delivery of ready-to-build-on land for scale housebuilders. The business will provide access to primary roads, offsite infrastructure, landscaping frameworks, drainage, utilities, schools, onsite retail and community facilities, affordable housing and retirement housing as required.
The new business, which is set to become a significant new entrant into the serviced land market, will focus on large (500 unit +) residential development sites, as well as more complex and challenging opportunities. The business will target land both in private and public ownership across both greenfield and brownfield sites.
Commenting on the launch, Ian Rickwood, CEO of Henley said:
“With significant public debate about how to solve the UK housing crisis, Henley Camland will accelerate housing delivery projects across the UK by reducing delivery timescales and current shortfall. Henley Camland will couple Henley’s financial strength and expertise with the placemaking, infrastructure delivery and land purchase knowledge of Camland Projects. We are already looking forward to announcing our first major deals and are confident the business will become a key player in the market.”
Henley, which has doubled in size every year since its inception in 2006, operates a hub and spoke model of working with accomplished entrepreneur partners and has set up a number of highly successful new businesses under the Henley banner over the last few years.
Continuing, Ian Rickwood comments:
“Henley Camland is the eighth joint venture for us since 2006. In line with our success to date, we are exploring further opportunities for new business initiatives, both here in the UK, and internationally.”