Local Asset Backed Vehicles – A success story or unproven concept?
- July 13, 2019
- Posted by: admin
- Categories: Joint Ventures, Research
With a growing interest in, and indeed a need for, effective partnership working between the public and private sectors, the RICS and Local Partnerships sponsored a research review of Local Asset Backed Vehicles (LABV). While such vehicles have existed for over a decade, there is a surprising absence of objective commentary on their achievements, the challenges to their creation and operation, and their potential future shape and direction in the context of the financial and economic environment.