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Former Cannock colliery site ready for £21 million industrial development
A £21.6 million industrial development on the edge of Cannock is the first project to secure the backing of the West Midlands Combined Authority’s new investment fund. A grant of £7 million will help develop an open cast colliery site at Kingswood Lakeside, kick-start the 283,000 sq ft scheme and ultimately lead to the creation […]
Palmer Capital Achieve Record Breaking £100m Week….
Palmer Capital is delighted to announce a record breaking week having successfully completed £100m of acquisitions across four transactions. The largest of the transactions is the completion of the forward funding of a 194 apartment Built-to-Rent development to Grainger plc for £45.7 million at Bristol’s, Finzels Reach. The sale is the latest in a productive […]
Palmer Capital Dials into Bracknell with £35m Vodafone Purchase
Palmer Capital and SEDCO Capital are delighted to announce the acquisition of Waterside House, in Bracknell for £35.2m, reflecting a net initial yield of c.5.65%. Waterside House comprises 94,867 sq. ft. of recently refurbished Grade A office accommodation with 338 car parking spaces on a 4.7 acre site. The entire property is let to Cable […]
Empty Homes Week: LandAid secures new donations to transform derelict buildings
UK property companies Palmer Capital and Shaftesbury have each donated £30,000 to LandAid, the property industry charity, to sponsor the transformation of derelict properties in Leeds and Newcastle into homes for young people facing homelessness. The news coincides with the start of ‘Empty Homes Week’ – a national campaign which aims to encourage the creative […]
Palmer Capital Secure £46m forward funding agreement to Grainger to deliver c.200 PRS homes
Palmer Capital and Cubex Land have topped off a busy 2016 by completing the forward funding of the 194 apartment Built-to-Rent development to Grainger plc for £45.7 million. Willmott Dixon have been appointed as the main contractor and completion is scheduled for 2019 with Cubex Land overseeing the development management. Palmer Capital originally acquired the […]
Firms making the move to refurbished business hub at Colworth Park
A major refurbishment of a leading business and science hub in Bedfordshire is reaping rich rewards as a variety of businesses relocate to the site, bringing investment and new jobs to the region. The extensive upgrade of facilities at the 18th century Colworth House, at Colworth Park, Sharnbrook, has led to a sharp rise in […]
Wrenbridge Land breathes new lease of life into Woking City Centre
Wrenbridge Land and Palmer Capital have announced commencement of works on the speculative redevelopment of the Woking One, an office-led mixed use scheme located directly opposite Woking Station. This 65,000 sq. ft. scheme will create a vibrant mixed use community in the heart of the town combining 34,000 sq. ft. of offices, 14,500 sq. ft. […]
Palmer Capital Smashes £30k LandAid Charity Target
In celebration of LandAid’s 30th year, Palmer Capital set themselves a target to raise £30,000 for the charity. Throughout the year Palmer Capital has held various events to raise money for the property industry’s leading charity, which supports youth homelessness. From the apprentice style Palmer Capital Money Maker Scheme, which saw 12 teams set with […]
Cubex Land & Palmer Capital Acquire £12.5m Portfolio in Salisbury
Cubex Land alongside Palmer Capital are delighted to announce the acquisition of a £12.5m portfolio of office and industrial buildings in the centre of Salisbury. The portfolio comprises five office buildings totalling 120,000 sq. ft. and three industrial buildings totalling 70,000 sq. ft. The purchase has been funded by the Palmer Capital Development Fund III, […]
Gavin Bridge of Cubex Land discusses the importance of Bristol’s Infrastructure
The tricky subject of devolution was top of the agenda at the inaugural Bristol City Talks event last month, and panellists didn’t shy away from sharing their frustrations. Come next May, there could be a new elected metro mayor for the new West of England Combined Authority if a devolution deal is agreed. But getting […]