novo partners

Our model

We create value at three points in a property’s life: securing planning on land, delivering development, and owning income-producing assets.

01 LAND

Land promotion

Aerial view of homes under construction at Rivington Chase, Horwich

What we do

We take strategic and brownfield land through planning and infrastructure, turning complex sites into serviced, consented plots for housebuilders and occupiers. We work alongside landowners and local authorities, carrying the cost, risk and expertise of promotion so they don’t have to.

How we earn

A share of the uplift in land value created through planning and site readiness, realised when plots are sold to housebuilders and developers.

When in the cycle

Early stage, over three to seven years. Value is created through planning consents, remediation and infrastructure, then crystallised through phased plot sales.

02 DELIVERY

Development

Contemporary brick and cladding homes with paved driveways at a residential development

What we do

We bring forward complex sites that others overlook: heritage buildings, constrained town centre plots and public land. We lead design, planning and delivery, working with public bodies, housing associations and specialist contractors to create places that last.

How we earn

Development margin on schemes we lead, and development management fees where we deliver on behalf of landowners and partners.

When in the cycle

Mid stage, over 18 to 36 months. Value is created through design, planning and construction, then realised through sales, forward funding or transfer to long-term owners.

Projects
03 INCOME

Income portfolio

Interior of a leased commercial unit with a counter, digital menu boards and seating

What we do

We acquire commercial portfolios and assets where the price doesn’t reflect the potential, often because of asset, market or financing pressures. We then reposition them through active leasing, targeted capital works and refinancing, with a focus on light industrial, medical, life science and office space across the North West.

How we earn

Rental income, plus capital growth from lengthening leases, improving occupancy and raising rents, crystallised through selective sales and refinancing.

When in the cycle

Long term, typically a three to five year hold. Income funds the business day to day, while sales and refinancing release capital for the next opportunity.

Project
  • Novo BluemantleA mixed commercial portfolio acquired in partnership in 2024