Otterlo land requirements
London's inner urban villages;
near or amongst conservation areas
in zone 1
(avoiding super prime)
inner zone 2;
within 30 minute cycle to
within a 10 minute walk of a
with potential for mixed use development
& an emphasis on
residential +/or hotel;
with potential for new buildings
conversion of existing structures
(if < 50% of site)
0.5 ~ 2.5 acres;
to be acquired – directly
in joint venture partnership
+44 (0)7879 431 172
A performing covenant - A CASE STUDY
Otterlo, with Galliard and Acorn Property Group acquired a site advertised by Southwark College.
The sale contract package included a series of sale and leasebacks plus undertakings to act on Southwark College's behalf to facilitate development of a new campus on their retained land.
This was an unconditional purchase and was exchanged in just 6 weeks with a 25% deposit.
The acquired site. in Southbank, is now a 274 key Premier Inn Hotel.
The Otterlo model demonstrates how Otterlo's approach is dynamic and extremely effective.
In addition to directly acquiring sites, Otterlo has a track record of working in joint venture with landowners, including institutions and charities.
Otterlo, with some of London's leading legal minds, has formulated an effective development agreement framework which means that a landowner can maximise the value of their under-used asset without exposing themselves to development risk.
Agents benefit from a range of fee-streams substantially in excess of vanilla land disposal fees.
Illustration comparing fee streams for a vanilla land disposal and a development agreement framework
Agent's fee streams - A CASE STUDY
Otterlo in consortium with Galliard and Acorn Property Group entered a development agreement with The Corporation of Trinity House to redevelop an urban block in Borough. The Corporation, in 2019, took possession of a portfolio of apartments and office units.
Along this journey The Corporation retained the development agency appointed to find a development partner, to provide a breadth of development services over a six year period. Post completion they where retained to manage The Corporation's apartments and office units.
Development agreements require a number of monitoring and other specialist built environment services over the term of the agreement. Otterlo works with landowners to facilitate a transaction fee payable on execution of the development agreement.
Plus offers, for interested and like-minded individuals, a role of being part of something tangible and lasting. A new building and a new piece of our city.