Published: 22nd Mar 2019

Brentwood Borough Council has announced Morgan Sindall as its preferred joint venture partner for regenerating local authority sites. The award of the contract is subject to full council approval, but it is the first time in the borough’s history that such a partnership has been entered into. If approved, the joint venture will be owned 50/50 by the council and Morgan Sindall. Morgan Sindall is backed by a large lending consortium including Barclays, RBS, Investec, Aviva and Pluto Capital. ‘This is the largest and most significant project Brentwood Borough Council has ever undertaken,’ said council leader, Cllr Louise McKinlay. ‘I am delighted that Morgan Sindall has been selected as the preferred partner after an extremely rigorous process and commend the company for the dedication and innovation it has shown,’ she added. ‘We have a grand vision of what we want our Town to become and this opportunity is a once … (To read the full article, subscribe below)