September 5, 2018
Palmer Capital and our Property Companies have been working hard, having acquired 3 new assets in Q3 so far, with more in the pipeline. Last month also saw the announcement of Palmer Capital’s new venture alongside Packaged Living, the new BTR venture headed by Ed Ellerington. With this brings a wave of new land requirements with potential for PRS sites.
Palmer Capital, across its funds, has c. £400m immediately available to deploy across lots sizes of approximately £5m-£200m. The focus is on both core and value add opportunities throughout the UK which play to the following 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.
OUR RECENT ACTIVITY: