The “Business Premises Renovation Allowance” (BPRA) tax relief scheme, which was due to expire in 2012 but subsequently extended until 2017, remains a popular development incentive.
Fladgate LLP has advised on four transactions in quick succession that are intended to benefit from the availability of this relief.
The transactions included advising Fitzalan Square Renovations LLP on the development of an office development at Sheffield Hallam University in association with Taurus Future Finance Group Limited.
The Fladgate BPRA team is led by corporate partner Julian Lewis with assistance from corporate partner Amy Collins, finance and regulatory partner Charles Proctor, real estate finance partner Gary Smith and real estate partner Matthew Williams, corporate senior associate Edward Morgan and construction solicitor Susanna Weatherstone. In total over 30 fee earners contributed to the successful completion of these transactions.
We operate in small teams in which partners not only take the lead but also do a significant amount of the detailed work. Clients can be assured that the partners they engage and brief will remain closely involved in developing and delivering the advice as part of our close-knit, expert teams.
Fladgate has a long heritage of delivering high-quality legal advice. We have been providing practical legal solutions to businesses and private clients for over 250 years. Today we are one of the UK’s top 100 law firms, with over 80 partners and a reputation for providing solutions that work.
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