Joint Venture
Both Glasgow City Council (parent company of City Building (Glasgow) LLP) and the Board of Wheatley Housing Group Ltd (parent company of Glasgow Housing Association) have agreed to enter into a 50/50 joint venture, which means the Wheatley Housing Group Ltd will become a joint owner and equal partner in City Building (Glasgow) LLP from 1st April, 2017.
The new 50/50 joint venture will undertake the delivery of Wheatley Housing Group’s repairs service in the West of Scotland as well as their capital investment programme and Glasgow City Council’s own repairs. In addition, both RSBi and the apprentice training programme will sit within the JV
The new 50/50 joint venture does not affect the Council’s capital programme or the works we carry out for other clients as they will be undertaken by City Building (Contracts) LLP.