Search on site
Results
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 […]
Ray Palmer, Executive Chairman of Palmer Capital, reveals the secrets behind providing venture capital backing for property companies.
Venture capital is about capturing value from backing ambitious people and believing that with help and guidance, they will quickly amass knowledge and experience to match that raw ambition. So, it is a people business – finding incredibly smart, connected people who have an exceptionally strong idea in their head about how they want to succeed in […]
How do you transition a single let science park to a multi let science park
Colworth Park has been a centre for R&D excellence since Unilever first acquired the site in 1947. The unique setting offers the ideal combination of proximity and access to Britain’s top universities, expansion space for growing businesses, and beautifully landscaped grounds, which together serve to foster innovation on-site. Today, Unilever remains a core presence at Colworth, with […]
The Digital Shift is finally here
Having recently celebrated the anniversary of the allied victory at Waterloo, perhaps we should also remember that it marked the end of the Industrial Revolution. Today we are in the middle of a second revolution, a digital one, due to the exponential growth in technology and processing power doubling broadly every year. Real estate is one of […]
What next for European Real Estate?
Despite continuing geopolitical uncertainties close to home (Ukraine, Greece) the continental European property markets are now on a general upswing which we expect to continue in the medium term. Led by Scandinavia and Germany, and trailed by Italy, every region is anticipating a pick-up in rental growth and continuing falls in yields. In some markets […]
Cantium sells Sussex retail park
Cantium Developments has sold the Acorn Retail Park development in Crawley, West Sussex, for £19.5m. The Palmer Capital-backed company has forward-sold the asset to clients of Aberdeen Asset Management at a price reflecting a 4.75% yield. Aberdeen will act as funding partner throughout the development project. The 42,001 sq ft scheme has been entirely prelet […]
Agents pick the most significant Deals (for the six months to end of September)
Cobalt Business Park, North Tyneside Type of deal Investment Vendor Indigo Real Estate Purchaser Maya Capital Size 93,571 sq ft Price £13.08m Chosen by Dickon Wood, head of capital markets, Knight Frank This summer Indigo Real Estate sold Cobalt 15 to Maya Capital for around £13m, giving it a return of approaching 100% on an investment made just […]
Albion’s Dream
Even its new owners admit Albion House in Woking is “not a looker.” Yet it could be about to provide stellar returns for Palmer Capital’s Wrenbridge vehicle. The 41,000 sq ft block will be refurbished, re-let and sold back to the institutional market by mid-2016, a little over a year after Wrenbridge bought it from […]
54 Hagley Road fully let after deal agreed
The building was acquired earlier this year by Henley-based Opus Land with the backing of Palmer Capital for a total of £23 million from Westbrook Partners 54 Hagley Road, Edgbaston An office development in Edgbaston is now fully let after securing a host of new tenants. For the first time since the building was refurbished […]