Palmer Capital Investment Requirements – £300m to deploy into UK Real Estate

19 October 2017
Palmer Capital has had an excellent year so far having deployed circa £200m across the risk/reward spectrum for the year to date. Recent acquisitions including the acquisition of Debenhams Distribution Centre located at Kingston Park in Peterborough for £86.4m, reflecting a net initial yield of 5.8% and an acquisition of a portfolio of 38 assets acquired for £11.9m from Aberdeen Harbour Board. Palmer Capital have an additional £300m to deploy into UK Real Estate and is currently looking to acquire assets which are approx. £5m – £200m and play to the following three investment themes:
  • LONG DATED INCOME: Buying assets with >10 years of income with the ability to add value through management initiatives.
  • URBAN ASSET CREATION:  Acquiring UK urban assets that can be redeveloped into new residential (for sale or rent), PRS or office assets.
  • PLANNING GAIN: Acquiring primarily brownfield sites in major UK cities, where planning consents can be readily obtained for residential, and then sold
Top Recent Deals: Income Focused ???????????????????????????????????? Debenhams, Peterborough Acquisition of Debenhams distribution centre in Kingston Park, Peterborough for £86.4m for a Middle Eastern Client, reflecting a net initial yield of 5.8%. Value Add/Opportunistic crompton Crompton Way, Manor Royal Industrial Estate, Crawley The site, acquired for £5m, comprises 2.1 acres on the one of the South East's most established and recognised industrial areas, prominently located 5 minutes from Gatwick Airport and in close proximity to both the M23 and M25. Residential Planning aerial-photo-ayr-scotland Corton, Ayr Corton, a 125-acre site in Ayr, was acquired for £3.4m with planning for 569 residential units, a 100,000 sq. ft. foodstore and commercial and community user. If you have opportunities which fit the above requirements then do get in touch with: