Close cooperation with joint venture partners is a feature of many of our larger and smaller scale projects, whether completed or ongoing.
Partnership must be of advantage to both parties. That implies that those involved see one another as equals who combine their experience and different expertise in the interests of the project’s success. The ABG Group can call on its own experienced staff from a range of specialist fields (construction, legal, cost control, finance and marketing) who contribute their knowledge in a flexible and goal-oriented way to joint ventures.
The capital requirement banks demand from real estate developers has been rising steadily. That confronts even professional project developers with new challenges. As well as risk sharing, strengthening the capital base for a major project can be a motivation for involving a strong partner. From a developer’s point of view, a joint venture with an experienced partner such as the ABG Group is often a good way of satisfying such demands. As an owner-operated company, we benefit from short decision-making processes and we have devised our own interesting models for financing promising joint venture projects.
