July 5, 2017
Following 25 years of investing in people and investing in property, Palmer Capital is hosting their annual summer drinks party at the beautiful Ham Yard Hotel in Soho.
This monumental birthday follows a successful 2016 and fantastic 2017 so far, having seen Palmer Capital invest in excess of £160m in just 3 months across the risk/reward spectrum. The success they are proud to celebrate has been borne from a combination of Investment Management and 33.3% shareholdings in its seven Operating Partners, Palmer Capital has been able to showcase a unique attitude to property development.
With the focus always on adding value to real estate assets, Palmer Capital recognise that hands on management and a network built on collaboration will consequently optimise deal flow, and benefit all involved. The support that they provide to entrepreneurial property development companies is rewarded by extensive local knowledge and expertise; making for more informed business, and greater yields for investors.
With the current political climate causing concern for many of the world’s largest investors, real estate is rapidly becoming a favourable choice. Thus, with impeccable timing Palmer Capital open-ended their core focused Palmer Capital Income Fund last year.Through the continual backing of its investors including CBRE GIP, the fund has doubled its NAV in just 12 months. By focusing on long-term leases with fixed minimum uplifts, the fund seeks to deliver a consistent and attractive dividend when compared to current interest rates and alternative forms of investment. It also boasts a WAULT of 15.3 years compared to the IPD industry average of 7.6 years.
Another of Palmer Capital’s key investment themes for its 25th year is that of urban asset creation. Understanding the social drive towards urbanisation and cities, they are looking to acquire property which can be developed through change of use and consequent regeneration. This is something which Palmer Capital have a successful track record at achieving – the current development of Finzel’s Reach in Bristol being prime example of their ever growing track record in the creation of assets in urban locations.
Finally, with an anniversary to mark, there will of course be celebrations of which tonight is the first of many for this year. Palmer Capital’s own staff will be taking part in half marathons, cycles, triathlons and Tough Mudder challenges, to raise money for their long supported charity Land Aid.
Prepare the champagne – 2017 is set to be a big year for Palmer Capital.