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Palmer Capital has kicked of the year with a flurry of activity completing on c.£56m of acquisitions. These acquisitions comprise two assets. An off market industrial and office unit in Leamington Spa wholly occupied by Ricardo PLC for £15.4m reflecting a net initial yield of 5.2%. This was acquired on behalf of the Palmer Capital Income […]

  Palmer Capital is delighted to announce the acquisition of a retail warehouse let to B&Q PLC for £40.4m, reflecting a net initial yield of 6.6% and capital value of £349 per sq. ft. The property is located in one of the premier out-of-town retail locations in Hedge End, 5 miles from Southampton city centre. […]

International law firm Simmons & Simmons snaps up top two floors Aurora, the landmark green office building being developed speculatively at Finzels Reach, is now over 40 per cent pre-let six months ahead of its completion. This comes after local developer Cubex backed by Palmer Capital, sealed its latest letting deal with international law firm […]

The demolition of the Grade II-listed Tudno Castle Hotel in Llandudno should be allowed to go-ahead say planners. Plans were submitted last year to knock down and “faithfully reconstruct” the hotel, which is being redeveloped by Mostyn Estates and Opus North into a Premier Inn and five restaurants in a £10m scheme. This came after […]

Buccleuch Property and joint venture partner Wrenbridge has sold Mill Court, a 38,840 sq. ft. business park in Great Shelford, Cambridge, for £9.85m. The site was sold to Hermes Real Estate Investment Management reflecting a net initial yield of 7.3%. An established office scheme comprising five office buildings set within landscaped surroundings, with on-site car […]

Last night saw over 100 property professionals celebrate the launch of Manchester-based property company, Harlex Property, backed by Palmer Capital on the top floor of El Gato Negro in the city centre of Manchester. James Nicholson, Founder and Managing Director of Harlex, has over 20 years’ property development experience across all asset classes, and will now work alongside Palmer Capital as their […]

The Society strongly supports the development, which will make a major regeneration contribution. Bristol was the first city in Britain to build an electric tram service. In 1899 the Grade II* listed Generator Building was opened to supply power to the trams. Curtis Green was the architect; he later built the Chiswick Power Station, Scotland […]

    The historic building that originally housed the generator for Bristol’s tram system is set to get a new lease of life as offices for technology, creative and media businesses under new plans. Developer Cubex, together with its funding partner Palmer Capital, is behind the £12m renovation and conversion of the Generator Building, which […]

Following the recent announcement by Manse and Opus Land of their proposed 2,000,000 sq ft scheme known as Prospero, Ansty, it has now been revealed that Meggitt PLC are to invest £130 million at the site. International aerospace and defence engineering group Meggitt PLC today announces plans to build a multi-million pound facility in the […]

Legal & General has announced that it is funding Wrenbridge Sport and the City of York Council’s development of the Vangarde leisure scheme at Monks Cross, York. Totaling £35 million, Legal & General’s investment, on behalf of its Leisure Fund, will build a new state-of-the-art leisure and retail scheme at the Vangarde development. This will […]