Commercial Property for rent Kampala Central

Real estate joint venture in Uganda.
Definition of a Joint Venture

Joint venture (JV) is a business arrangement under which two or more parties come together to undertake a project by pooling their resources together. In their most distinctive form, real estate joint ventures combine the real estate development expertise and financing capability of a developer with the landowner’s contribution in the form of land.

Structuring a real estate Joint Venture

Real Estate Project Appraisal.
Project Proposal: The developer comes up with proposal for the landowner showcasing the proposed concept, the budget, the revenues and the profit-sharing between the two parties.
Legal Due Diligence: Once the landowner accepts the developer’s proposal, then can table copies of the land title deed and deed plans for verification by the developer.
Agreement signing: if the developer has completed and satisfied with the due diligence then drafts a Joint Venture Agreement can be sent to the landowner’s advocate.
These are some of the common clauses found in a Joint venture Agreement:

The capital obligations of each party.
The partnership management structure.
The rights and responsibilities of each party.
Exit rights and transfer rights with respect to the sale or transfer of membership interests in the Joint venture.
The downside protection for the land value contributed by the landowner.
The profit sharing mechanism.
Advantages of a Joint Venture:

Development expertise.
Shared risks and gains.
Preferred Returns.
Increased capital base.
Access to market distribution channels.
Can provide partial liquidity for landowner without having to sell the entire land.
Getting the right Joint Venture partner and having the right governance structure to manage conflicts are major risks of Joint venture.

Here are some Properties Available for Joint Venture:

Najjera Kampala Uganda: 1 Acre

Ntinda Kigowa: 50 decimals

Naguru Kampala Uganda: 75 Decimals

Kololo Kampala Uganda: 2 Acres. 38 Decimals, 75 decimals, 50 decimals

Garuga Entebbe: Hotel, retail center, residential and commercial developments



Are you looking for Joint venture Please send us and email: [email protected]

Or Call/whatsApp: +256709220000

Phillip Muhoja
+256709220000