Sugar PR launches new property Joint Venture in North West
A major new joint venture has been agreed between Cityheart and HBV Group to deliver a pipeline of new-build developments across the UK – including several in the North West.
Sugar PR is delighted to have handled the PR, communications and media relations surrounding this major property deal in the North West of England.
The JV, known as HBV Cityheart, sees Cityheart fund an initial pipeline of ten new HBV Group projects during the next eighteen months. HBV will also support Cityheart through its public procurement programme to deliver extra care schemes across its portfolio and join its future bids programme.
The JV will also expand into developing Care Homes with several sites already secured in the North West.
HBV Group, based in Knutsford, is the UK’s leading developer of new-build supported living accommodation. These developments are occupied by people with physical disabilities and learning disabilities and tenants are referred into the schemes by officers at local authorities.
HBV collaborates with housing associations, care companies and local authorities across the country. Over the past 15 years it has delivered more than 60 supported living and extra care schemes, which are supported with assistive technology to provide some of the most innovative and energy efficient schemes within the sector.
Chester headquartered Cityheart, which also has offices in Wilmslow, is an award-winning property development and investment company that specialises in delivering major town centre regeneration schemes through successful public private partnerships as well as student accommodation and affordable housing schemes across the country.