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A start date has been pencilled in for Morecambe’s new £17m shopping park
Developers Opus North expect to finally start work on the Bay Shopping Park in May. A spokesman said May was looking likely as long as there were no last-minute hitches with appointing a builder and finalising names of retailers. Work on the former Frontierland site was originally due to start last September but was delayed. […]
The price is right! Leeds retail park snapped up for £8m
It was once a thriving factory on one of the busiest road routes in Leeds. But since manufacturing firm Denso Marston switched to new premises in Shipley in the 1990s, the Armley Road-based building has fallen into a state of disrepair. Now, however, work is under way on the transformation of the “eyesore” four-acre site […]
Discovery Park, Kent three years on
Discovery Park was created on 31 July 2012 when Pfizer sold its 220 acre R&D site to Discovery Park Ltd (“DPL”), a consortium between Palmer Capital, Trevor Cartner and Chris Musgrave. Pfizer retained about 10 percent of its floor area on a leasehold basis. The challenge DPL faced a challenging task of attracting new occupiers […]
Danescroft arrives at West Drayton Crossrail
In a series of off market transactions Danescroft Land backed by Palmer Capital have acquired three adjoining properties in the centre of West Drayton for a major residential redevelopment for just under £7M. The combined sites comprise over one acre and offer the potential for the development of over 80 residential apartments in three blocks. […]
VINCI Developments selected for new £110m science park
VINCI Developments has been selected to bring forward a major new science park in Harlow with a development value of more than £110m. Harlow council picked VINCI to develop the 25-acre site after shortlisting the firm alongside MEPC and Morgan Sindall last summer. VINCI will work with Discovery Park, the consortium behind the regeneration of […]
Two new tenants secured for 48,500 sq ft AB1 office complex
Two new tenants have been secured for Aberdeen Asset Management’s AB1 office complex in the heart of Aberdeen city centre. The development was officially re-opened earlier this year after a multi-million pound refurbishment project, undertaken in a joint venture with Manse LLP, was completed on the Huntly Street site formerly known as Langlands House. The […]
Investment tops the agenda at knowledge economy conference
Leading figures in the UK science park sector have been in Bedfordshire for a major national conference. The UK Science Park Association conference is recognised as the leading calendar event for the knowledge economy and saw a significant increase in attendance numbers, with over 150 delegates attending the event at Colworth Park. Topics debated by […]
Portfolio of shopping centers and Albert stores and sold
Properties in Prague and seven other Czech cities sold for over €100 million Atrium European Real Estate Limited has completed the sale of a portfolio of eight Albert-anchored hypermarket centers and two associated retail parks in the Czech Republic. The portfolio has been sold in a corporate transaction to Lighthouse vehicle, one of Palmer Capital […]
Flying start for Palmer Capital Income Fund at Opus Leeds Retail Park
Palmer Capital’s recently open ended Palmer Capital Income Fund has concluded its first acquisition since open ending last month with a forward purchase of Opus North’s Armley Retail Park with a value of £8M. Opus North, a leading Yorkshire-based property development and investment company, a Palmer Capital backed company, has sold its latest retail park […]
Ray Palmer, Shortlisted For “Property Entrepreneur Of The Year Award”
We are delighted to announce Ray Palmer, our Chairman at Palmer Capital has been shortlisted for this year’s Property Week awards. Ray Palmer has been at the forefront of the industry for over 50 years having being a founding partner of Lambert Smith, the Chief Executive of Lambert Smith Hampton and latterly the Chairman of […]