The tough economic conditions of the previous years have been making life challenging for the regeneration sector, and are affecting projects across the UK. The widely-debated Localism Bill will bring its own agenda and with the number of changes within the Bill presently being considered whether it will help or hinder regeneration still remains to be seen.
However the use of alternative approaches to regeneration such as Local Asset Backed vehicles ("LABV") is a response to the complex myriad of challenges posed by regeneration in terms of leveraging in private sector finance and aligning public sector resources into the delivery of a single vision genuinely shared by both the public and private sector involved.
Of course financial, structural and regulatory concerns will vary from project to project and each project requires a unique and 'made-to-order' approach. We have ample experience in dealing with various delivery models and structures.
Clyde & Co's market-leading regeneration team offer a wealth of PFI/PPP experience particularly in the social housing, social care, education and health sectors, advising both public and private sector clients and we have a detailed understanding of the challenges and opportunities in delivering regeneration schemes.
Supported by our teams in construction, planning and real estate development and investment, we believe our firm can offer developers, investors and local and public authorities in-depth knowledge on a range of issues including planning, financing, maintenance and leases.