12. Over 70,000 LLPs are now in pervasive use for purposes never intended... 09/03/10
13. ...even in the Public Sector, where Glasgow has five municipal LLPs 09/03/10
14. Hilton Deal 2002 Capital Partnership LLP 10 UK Hotels Gross Revenues Hilton Group Capital User Consortium LLP Capital Provider Bank Property Developer Hotel Specialist % % % % %
37. Council invests the value of planning permission Community Council Value of Planning permission 16/06/10
38. Contractors invest at least the profit margin Custodian Contractors Profit Margin 16/06/10
39. Risk-Takers provide £ to pay Contractors’ agreed costs Community Risk-Takers £ 16/06/10
40. Developer invests 'Intellectual Capital' of concept and services Community Investors Land-owner, Council, Contractors, Risk Takers Developer Community plus help Value Value 16/06/10
41. Result – 'Co-ownership' of a Rental Pool Custodian Investors Occupiers % % Rental 16/06/10 Managers
42. Units – undated credits redeemable in payment for property occupation 16/06/10
43. Units are sold to Investors at a discount to the rental value 16/06/10
44. eg a £1.00 Rental Unit sold for 80p gives a 25% return 16/06/10
45. But the rate of the return depends on whether the property yet exists.... 16/06/10