Tue, 16th Jun 2015 13:23
(ShareCast News) - Palace Capital has completed the net £10.58m acquisition of Boulton House in Manchester, and is looking to improve the net yield it receives from rental income through refurbishing some of the building. It added that a £6.02m new debt facility had been secured with Santander. Matu
Read more(ShareCast News) - Property investment company Palace Capital has sold its freehold vacant warehouse property in Victoria Road, Stoke-on-Trent, for £1.09m, which was slightly above book value. The 40,000 sq ft building was originally let for 35 years from 1980 to Portmeirion, but it became vacant in
Read more(ShareCast News) - Property investment company Palace Capital announced on Tuesday that it has exchanged contracts to acquire the freehold of Boulton House, on Chorlton Street in Manchester, for a consideration of £10.95m. The AIM-traded firm said this is potentially subject to a downward adjustment
Read more(ShareCast News) - Palace Capital extended its investment reach into the heart of Halifax on Monday, announcing it had acquired the entire issued share capital of Gregory Projects (Halifax). The AIM-traded property investment company said the the target was a special purpose vehicle, and the owner o
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