The British Property Federation (BPF) has announced plans to work with local authorities to help build successful partnership-led regeneration and development projects.

The BPF represents the largest investors and developers in the UK, many with significant experience of working with the public sector to deliver transformational building and regeneration projects. In recent years, the BPF has worked with the Local Government Association and other stakeholders to understand the components of successful public private partnerships and wants to share these insights. To this end, the BPF is inviting expressions of interest from local authorities and similar public bodies who have ambitious regeneration or development plans and want an early-stage discussion with private sector colleagues on the best way to build effective public private partnerships.

The BPF is hoping to work with three or four local authorities or similar bodies over 2024 and will then review the impact of the pilot. The focus will be on places that have ambition but may lack experience and who want to test their PPP strategy before progressing too far.

Patricia Brown, vice-chair of the BPF development committee, said: “The British Property Federation and its members are firm believers in the power of partnership, one that leverages the collective energy, skills and knowledge of both the public and private sectors. This is why we want to share our insights and experience to help support great partnership-led regeneration.”