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Wrenbridge Land sells Mill Court, Cambridge, for £9.85m
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 […]
Successful Launch Party for Harlex Property
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 […]
Bristol Civic Society strongly support the new development of The Generator building at Finzels Reach
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 […]
Media and tech hub proposed for historic building
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 […]
Huge first deal at Prospero, Ansty
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 […]
L&G to fund York leisure scheme
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 […]
Work Underway at Harlow Science Park
Major works have begun at Harlow Science Park, ahead of construction in 2018. Two separate contracts have been let by Harlow Council for the enabling works. The new Spine Road is being constructed by Jackson Civil Engineering Ltd. The road will run north-south through the site, providing new road access to each of the plots. […]
The Final Chapter In The Discovery Park Sale
The South East’s largest science park namely Discovery Park in Kent is the subject of a further major transaction. In November 2016, Palmer Capital and its fellow shareholders, Trevor Cartner and Chris Musgrave sold all of their shares in Discovery Park Limited (a company which owns all the buildings on the Park) but retained ownership […]
The Talent Spotter – Ray Palmer
The Talent Spotter Ray Palmer and the team at Palmer Capital successfully nurture property companies with strategic investment and have an enviable record of backing winners. As the business celebrates its 25th anniversary, we spoke to Palmer about what it takes to be a property talent spotter. At these points in the property cycle when […]
Strong quarter for Bristol helps the UK break records
75,143 sq GVA’s latest Big Nine report analysing the office occupier markets of the nine key UK regional cities, reveals that the UK has achieved its highest quarterly take-up total on record, assisted by Bristol’s own strong activity. Professional and business services have dominated city centre activity in Bristol, which has seen the highest quarterly […]