Risk disclaimer and disclosure statement

We want you to feel confident that the professionalism, transparency and integrity of Cogress is right for you

Disclaimer

Use of Information
The information on this website is directed only at persons in the UK and does not constitute advice of any kind (including investment, legal or tax advice). It does not amount to an offer or invitation to buy or sell an investment. It also does not solicit any offer or invitation from companies seeking investment capital in any jurisdiction other than the UK. Persons resident in territories other than the UK should consult their professional advisers as to whether they require any governmental or other consent or need to observe any formalities to enable them to invest in the products described in these pages. Investors should not rely on any information or opinions contained in this website in making an investment or other decision but should obtain appropriate and specific professional advice.

Privacy Policy
Any information you provide to us will be used to administer your requirements and determine the information and documentation that we will send you.

Occasionally we may also use your details to inform you of other features, services and products which we think you may be interested in and we may contact you by post, fax, email or telephone. We will keep your personal information confidential except to the extent that we are compelled to disclose it by law or to comply with an instruction of a regulatory body of competent jurisdiction. To comply with the requirements of the Data Protection Act 1998, we adhere to strict security procedures and have taken all appropriate measures to ensure that no unauthorised disclosures of your details are made to a third party without your permission and unauthorised access to it is prevented.

Liability
Cogress will take reasonable care to ensure that the information provided on this website is accurate and up to date, although no representations or warranties are given of any kind, express or implied, with regard to the accuracy or completeness of this information. Cogress and its directors, employees and officers exclude all liability and responsibility in connection with the use of this website. Users of this website do so entirely at their own risk. Cogress may amend the content of this website or any part of it, or may periodically make it unavailable for updating, with or without notice, at any time, and are not liable to users of this website for any effect thereof. The above limitations and exclusions do not purport to apply to liability for fraud, or for death or personal injury caused by negligence.

Tax
No tax advice is given.

Separability
If any part of these terms and conditions is unenforceable (including any provision in which Boundary excludes our liability to you) the enforceability of any other part of these conditions will not be affected.

Governing Law
The law that shall apply between us shall the law in England and the English courts shall have jurisdiction to resolve any disputes between us.

This website is operated by Cogress.

Our investements
The investments Cogress arrange are defined as Unregulated Collective Investment Schemes by the Financial Conduct Authority. As such they are only to be marketed to investors with a defined level of sophistication. Cogress do not market their opportunities to those investors who have not disclosed that they meet this criteria. If you are in doubt about your status or have not registered with Cogress online please consult our website for more information and refrain from viewing our marketing material.

Investing in property can be rewarding, but it involves a number of risks and challenges. If you choose to invest through Cogress, you need to be aware of and accept five important considerations:

1. Loss of Capital
Past performance of any investment, including those Cogress has successfully completed in the past, is not necessarily a guide to the performance of similar investments in the future. Property prices can go down as well as up and different property types or those in different areas may be more or less susceptible to reduced or negative growth. By investing in property through Cogress, there is a risk that you may not get back what you put in if property prices fall and you should only invest as much as you can afford to lose and as part of a diversified portfolio. You should not invest more money through the Cogress than you can afford to lose without altering your standard of living.

2. Illiquidity
Any investment you make through Cogress will be highly illiquid. There is no active secondary market for the shares of the investee company. Even for a successful investment, any return on your investment may be unlikely to occur for a number of years from the time you make your investment. In particular, if you are over the age of 60 at the time of making any investment through Cogress you should consider the effect this illiquidity could have on your lifestyle.

3. Central risks of real estate development
The development or re-development of properties may exceed their budgets. Unforeseen events such as changes related to building permits, planning errors or other aspects of the development and re-development, shortage of necessary equipment, or adverse weather conditions, or other unforeseen events may cause cost overruns and delay or frustrate completion of a project. There can be no assurance that any overrun resulting from any occurrence will be adequately covered by insurance policies or that such insurance will continue to be available. In the event of a budget overrun the investment may need to seek additional financing from outside sources in order to complete production. No assurance can be given as to the availability of such financing or, if available on terms acceptable. In addition, in the event of substantial budget overruns, there can be no assurance that such costs will be recouped, which could have a significant impact on the investment results. The proposed investment partnership by Cogress is a new investment with no history. There can be no assurance that the investment will achieve its investment objectives.

4. Diversification
Investing in property should only be done as part of a diversified portfolio. This means that you should invest relatively small amounts in multiple asset classes as opposed to a large amount in one or a few. It also means that you should invest only a small proportion of your investable capital in this asset class, with the majority of your investable capital invested in safer, more liquid assets.

5. Tax
You are responsible for the administering of your own tax affairs, which may include capital gains and/or income tax. We do not provide tax advice and you should seek this independently before investing if you are unsure of your position. It is your responsibility to ensure that your tax return is correct and is filed by the deadline and any tax owing is paid on time. If you are unsure how this investment will affect your tax status you must seek professional advice before you invest.

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