Palmer Capital Investment Requirements –
£300m to deploy into UK Real Estate

Palmer Capital has had an excellent year so far having deployed circa £160m across the risk/reward spectrum for the year to date. Recent acquisitions including the acquisition of Debenhams Distribution Centre located at Kingston Park in Peterborough for £86.4m, reflecting a net initial yield of 5.8% and an acquisition of a portfolio of 38 assets acquired for £11.9m from  Aberdeen Harbour Board.

Palmer Capital have an additional £300m to deploy into UK Real Estate and  is currently looking to acquire assets which are approx. £2m – £200m and play to the following three investment themes:

  • Long Dated Income: Buying assets with >10 years of income with the ability to add value through management initiatives.
  • Urban Asset Creation: Acquiring UK urban assets that can be redeveloped into new residential (for sale or rent), PRS or office assets.
  • Planning Gain: Acquiring primarily brownfield sites in major UK cities, where planning consents can be readily obtained for residential, and then sold.

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