Investment Management - Edinburgh, Scotland, United Kingdom
Vikare is a boutique investment manager and property developer based in Edinburgh, London and Tuscany specialising in providing opportunities which give investors exposure to markets that are seldom available through the normal channels. Vikare's unique position in the Tuscan market is driven by an ethos of trust, respecting local people, cultures and traditions. Our respected team of professional advisers and close associates in Tuscany provides local knowledge and advice on all aspects of property, acquisition, restoration and development. 2014: Fund Objective and Strategy Vikare has positioned itself to take advantage of the upturn in the market for prime international property and is focussed on providing as secure an investment as possible through shrewd acquisition of property backed assets. Vikare always aims to maximise investment returns by careful planning and innovative design, creating internationally recognised branded products that are known to command premium prices. Vikare has an exclusivity agreement in Tuscany with YOO to design our properties and operate our resorts under an internationally acclaimed global brand thereby achieving the strongest possible route to market for our product. Vikare Tuscan Property Fund Vikare's Tuscan Property Fund owns a prime 77 acre development site near Florence, purchased for €1 million which will, according to Knight Frank, be worth €5.5 to €6 million once design and site clearance work costing €500,000 is completed in late 2014. In late 2013 Vikare, on behalf of the Fund, entered a joint venture agreement to develop an historic hilltop village near Volterra. Vikare is focussing on design and final planning work in order to maximise the value of both projects.