Palace Capital Plc is a UK-based property investment company, which mainly invests in UK commercial real estate. It was founded in the year 2005, and its headquarters are situated in London. The company is listed and traded on the London Stock Exchange publicly. Its subsidiaries include Palace Capital (Liverpool) Limited, Palace Capital (Leeds) Limited, and Palace Capital (Developments) Limited etc.
The goal of the company is to become a leading investor in regional commercial property and generate long-term and attractive total returns by creating a sustainable, high quality, diversified portfolio of assets which can well adapt with the continuously changing demands of occupiers. The portfolio of assets across UK is mainly in university towns and city centres, as they have well maintained infrastructure with major roads and rail links, along with a growing urban population that drives the demand for commercial space. The sectors covered by the company include office, retail, leisure, industrial, development, and retail warehouse etc.
The company uses its expertise in active asset management, while identifying new opportunities and creating value for all its stakeholders. Across the main commercial property sectors, 48 buildings are owned by the company, along with 205 commercial leases across its portfolio. Based on value, the top ten properties of the company include Hudson Quarter in York, Broad Street Plaza in Halifax, Multi-let office block in Newcastle upon Tyne, Dominant city centre in Northampton, Boulton House in Manchester, City centre office and retail property in Liverpool, Multi-let city centre office building in Leeds, three buildings in Kiln Farm in Milton Keynes, Multi-let industrial estate in Verwood, and multi-let Industrial Warehouse in Avonmouth.
Palace Capital Plc follows a well-defined framework of corporate governance and aligns itself with the UK Corporate Governance Code. The board of the company has set up separate committees for audit & risk, remuneration, nomination, and corporate social responsibility. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, and accountability. Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities. It has a comprehensive Environmental, Social, and Governance (ESG) framework in place and complies with international best practices and guidelines to create a sustainable business. It aims to minimize the impact of its business activities on the environment and create long-term value for the business as well as the wider community. Its charitable donations have been around £4,000 for the year ended 31 March 2021.
Palace Capital PLC 25 Bury Street LONDON SW1Y 6AL United Kingdom GBR
+44 203 301 8330