Regional News Palace Capital plc's growth continues
Palace Capital plc is a main market listed property investment company that focuses on commercial real estate throughout the UK, investing primarily in university towns & cities where continued rental growth and robust demand from tenants is anticipated.
Palace Capital has built a portfolio diversified by sector as well as by location. 50% of assets are in York, Leeds, Newcastle, Manchester & Sheffield. 32 of Palace Capital’s 60 properties are offices and the Company boasts 13 industrial assets.
The Company has a track record of sector leading income & capital returns & continues to seek opportunities to grow its £275m portfolio.
The management team has a wealth of expertise forged from long careers in real estate, during which time each has built strong relationships with agents, auction houses, lenders and developers up & down the country.
It is this extensive network of industry experts that provides the pipeline of opportunities for corporate & direct property acquisitions. Purchases are individually appraised to determine whether they present prospects for income & capital growth.
Palace Capital’s strategy is to grow the Net Asset Value of its diversified portfolio through refurbishment, development (including change of use), and recycling capital from sales.
It is also of paramount importance to the asset management team that relationships with tenants are nurtured, since as long term - affordable rents underpin cashflow sustainability.
Boulton House, Manchester Available to let
Sitting moments from Piccadilly station, this property was acquired in August 2016 and was in need of significant asset management. Following the refurbishment of a number of floors and the ground floor reception , 16,000 sq ft of space is now available to let.
Quoting rents are below £20 psf exclusive and flexible leases offer growing companies a bright & clean working environment. GVA and Avison Young are joint marketing agents on the offices. Further details are available from
rupert.barron@
avisonyoung.com (tel - 0161 819 8227) or
rhys.evans@gva.co.uk. (tel - 0161 956 4017)
INVESTMENT IN THE RIGHT SECTORS IN THE RIGHT LOCATIONS
ACTIVE MANAGEMENT STRATEGY DIVERSIFIED PORTFOLIO OUTSIDE LONDON PROGRESSIVE DIVIDEND POLICY
www.palacecapitalplc.com +44 (0)20 3301 8330
info@palacecapitalplc.com
COMMERCIAL PROPERTY MONTHLY 2018
9
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85
