Invicta focuses on the acquisition of commercial property, predominantly in the UK. Invicta has developed significant contacts in the property investment field and this, combined with the ongoing engagement of external experts, provides a strong platform to access opportunities in this marketplace.
Invicta is well placed to leverage opportunities under all prevailing market conditions
Business Premises Renovation Allowance (BPRA)
BPRA is intended to give an incentive to bring derelict or unused properties back into business use. BPRA gives 100% tax relief for capital expenditure on converting or renovating unused business premises in disadvantaged areas.
One Martineau Place - provided an opportunity for investors to participate in a £34.5million investment scheme for the acquisition and redevelopment of an office building in central Birmingham. The building will be converted into a 168 suite hotel to be operated under InterContinental Hotel Group’s Staybridge Suites brand. The development is being undertaken by Cannock SP Limited, Cannock is the most experienced developer of BPRA schemes over the last four years with this transaction being their eighth
The fundraising for One Martineau Place was completed in April 2012.