Palmer Capital have urgent value add requirements
22 May 2019
Palmer Capital are urgently looking to find larger value add deal opportunities.Target investment parameters as follows:
- £20m - £100m
- 1-5 year business plans
- Any sector
- Any UK location
- Targeting a 13%+ IRR (with leverage if appropriate)
- Income backed assets – income producing assets that will take leverage with opportunities to drive income and add value through asset / park improvements
- Corporates facilities – acquire redundant corporate HQ’s / campus’s or work with a corporate to regenerate campus
- Spec development / refurbishments – office, industrial, residential, alternatives
- Strategic Planning plays – acquiring brownfield / green field sites with a strategy to obtain residential consent
- Real estate operating business – acquire asset owning operating businesses with upside real estate strategies (e.g. change of use - golf courses to resi, wholesale to retail)