February 24, 2020
Fiera Real Estate are thrilled to be shortlisted for two awards at the upcoming Property Awards 2020.
The first nomination is for the Deal of the Year with the sale to Fiera Real Estate, an 80% interest in Fiera Real Estate’s UK division (formally Palmer Capital) was sold to Fiera Real Estate, with an equity value of £40m. The deal is reflective of a more global optimism in the UK real estate market and is synonymous with the global feeling that Brexit is a ‘blip on the landscape’ as opposed to a long-term downturn.
The second nomination is for the new Silver Jubilee Award, over the past 25 years, Fiera Real Estate’s UK division has built a unique vertically integrated business model by backing ten regional property companies in the UK. In 2004 the firm launched its first fund, the Palmer Capital Development Fund, and since then it has launched 12 funds raising over £900m. In early 2020 Palmer Capital went through an extensive rebrand to become Fiera Real Estate.
The business is excited for the awards ceremony on Tuesday 21st April.
Good luck to all of the other companies shortlisted!