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Palmer Capital appoints Andrew Robinson, Director, Head of Capital Raising
Palmer Capital are delighted to announce the new appointment of Andrew Robinson as Director, Head of Capital Raising. Prior to Palmer Capital, Andrew worked at Morgan Stanley for nearly 17 years. Over the last 9 years building Alternative Investment Partners (“AIP”) Real Estate, as one of the founding members, focusing on capital raising, sourcing investments, […]
Castle Bridge opens to the public
The new s-shaped pedestrian and cycle bridge at Finzels Reach is now called Castle Bridge and opened to the public last week on Friday 7th April. The name was chosen by public vote and the bridge was officially opened and named by Gavin Bridge, director of developers Cubex, and local musician, Barry Walsh, one of […]
Major changes to St Albans civic centre put forward
Sweeping plans to transform the centre of St Albans have been unveiled. It is hoped redeveloping the old police station and NHS clinic in Bricket Road and Victoria Street will help to ease the city’s housing and office shortage. Tony Williamson, director of Angle Property, the company leading the scheme, said: “Our plans for this […]
Palmer Capital bags £18m hat-trick
Palmer Capital has completed the acquisition of a trio of industrial assets from Columbia Threadneedle Investments for close to the £18m mark, CoStar News can reveal. The deal – which represents a blended initial yield of 6.5% – includes two warehouse buildings let to Booker Group, which is the UK’s biggest food wholesaler, and another […]
Cubex appoints new development manager for residential expansion
Bristol-based property developer Cubex has brought in Elgan Jones as a new development manager to help the company with its further expansion into the residential sector. His role will comprise sourcing, acquiring and delivering development schemes primarily in the residential sector, covering everything from student accommodation, PRS and private sale opportunities through to retirement and […]
Palmer Capital Investment Requirements – c. £500m to invest into UK Real Estate…
Palmer Capital have had an excellent start to the year with the recent acquisitions of Dearne House, Cortonwood Business Park, Rotherham for £5.25m, reflecting a net initial yield of 6.75%. Also the acquisition of a portfolio of three assets for £18.1m including two units leased to Booker and one let to The Range, reflecting a […]
What’s going on behind the boards at the Wrenbridge & L&G Grafton Centre?
Shoppers will soon be able to see how the transformation of the Cambridge centre is going. The owners of the giant retail hub say work to revamp it is “progressing at a good pace.” They hope to unveil soon the new-look Eden Hall area, where new retail units are being created. The Grafton’s owners Legal […]
Ray Palmer put forward for Property Weeks Power 100…
In Palmer Capital’s 25th Year it seems right that such an industry legend be included in Property Week’s Power 100 list. Ray Palmer has been at the forefront of the industry for nearly 50 years having being a founding partner of Lambert Smith, the Chief Executive of Lambert Smith Hampton and the founder/Executive Chairman of […]
Wrenbridge and Buccleuch Property sells refurbished East London industrial unit for £6.7m
Wrenbridge and Buccleuch Property has sold Unit 7 at Beam Reach Business Park in Rainham, East London for £6.7m. The 44,500 sq ft unit comprises a modern detached warehouse and two storey office on a site of 2.5-acres, offering ease of access to the main arterial routes to London and the A13 corridor. Formerly used […]
Finzels Reach – Bridge Opening Party
The grand opening of the new Finzels Bridge at the Cubex Land development in Bristol will take place on 6th April 2017. The 91 metre Finzels Bridge adds an entirely new dimension to the Finzels Reach project, providing easy access to the north of the Floating Harbour. It twists its way gracefully across the historic waterway, landing in Castle Park from where Cabot […]