Results

A look ahead: Palmer Capital

Leverage is likely to be a contributor to the next property downturn but not to the extent it was last time, according to Palmer Capital’s Nick Cooper. Although debt will play a part in Europe’s next property downturn, it will by no means take on a crucial role, said Nick Cooper, deputy chairman of London-based […]

Palmer Capital Acquire Arden Business Park For £4.25M

Palmer Capital is pleased to announce the acquisition of Arden Business Park for £4.25M with a yield of 7%. The park is located on Arden Road, 9km from Birmingham city centre. The investment comprises 54,210 sq. ft. of modern industrial accommodation arranged over 5 units on a 3.88 acre site with 126 car parking spaces. […]

Palmer Capital And Opus North Shop At Morrisons

Palmer Capital and joint venture partner Opus North have bought two supermarket portfolios from Morrisons for £175m – a 6% yield. The first of the two three-asset packages was bought on behalf of Malaysia’s Employees Provident Fund, which was advised by Deutsche Asset and Wealth Management. It comprises the 167,000 sq ft Isaac Newton Centre […]

Wrenbridge Buys Kent Spec Shed Site

Cambridge-based developer Wrenbridge Land has acquired a site for speculative shed scheme in the Belvedere Industrial Area in Kent.Plans for the 2.15-acre site, at the junction of Bronze Age Way and Picardy Manor Way, are for a £7.2m 45,000 sq ft warehouse with yard and car park.The project was funded by a £200m Palmer Capital […]

Scotland Investment: A curious case

Here’s a curious thing: in 2014, Scotland’s most turbulent political year in recent history, the country received a record amount of investment into commercial property – more than £3bn, double the average annual figure. Despite a hiatus in transactional activity for a good half-year in the run-up to the referendum, far from being put off, […]

Why Google style offices are like Christmas jumpers

Google-style offices are as novel as “Christmas jumpers”, said Neil Usher, workplace director at Sky, speaking at EG’s ninth annual Offices Summit today.Usher addressed attendees and co-panellists during a debate on how the market could provide the next generation of office space.“Realistically, space needs to respond to traditional management culture and the type of business […]

Saviours of Discovery Park turn attention to North East

  The investors who turned around the fortunes of Discovery Park in Kent, after pharmaceutical giant Pfizer pulled out of the scheme in 2012, have swooped to buy a similarly troubled site in the North East. Regeneration specialists Trevor Cartner and Chris Musgrave have bought the Fawdon pharmaceutical site in Newcastle from French global healthcare […]

Wrenbridge Land shortlisted for Estates Gazette front cover of the year award 2015

Estates Gazette’s front cover is one of the property industry’s most coveted commercial opportunities and the vibrancy and variety of design that it brings to life each week demonstrates how much marketing teams are embracing this valuable piece of real estate. After months of public voting, the most arresting front covers of the past year […]

Industry breathes sigh of relief

The property industry has reacted to the election result with a sigh of relief and yet trepidation at what it could mean in the long run. The stability of the new government is a short-term boon for the industry.  As Alex Price, chief executive of Palmer Capital, said: “The very real prospect of a second election […]

Why Scientists are discovering that Kent is the way forward

The room full of nutty professors and laboratory whizz kids proved the hypothesis of government officials and multinational companies – new science companies want to move to Kent. Steve Schmidt of Quvium at Discovery Park, Sandwich “The taxes are low, the talent pool is wonderful and research and development credits are better here than the […]
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