LONDON (Alliance News) - Palace Capital PLC is weighing up a number of opportunities, according to Chief Executive Neil Sinclair on Wednesday.
"We are constantly on the lookout for additional acquisitions of either companies or single assets that offer the potential to create value where there has been a lack of asset management in the past," Sinclair said in a statement.
"We are currently looking at a number of potential opportunities and property management initiatives, and will update shareholders on any progress in due course," the CEO added.
Palace Capital shares were up 0.7% at 380.05 on Wednesday morning.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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Palace Capital (PCA)