Lakestreet calls meeting to remove Palace Capital chairman

5th Jan 2026 08:23

(Sharecast News) - Lakestreet Capital Partners requisitioned a general meeting at Palace Capital on Monday, seeking the removal of chairman Steven Owen and the appointment of its founders as directors, escalating a dispute over governance and remuneration at the FTSE-listed property investment company.

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Palace Capital reports mixed interim performance

14th Nov 2024 14:30

(Sharecast News) - Palace Capital reported a mixed half-year performance on Thursday, as it continued with its strategy to return capital to shareholders.

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Palace Capital announces £22m tender offer

13th Jun 2024 10:49

(Sharecast News) - Palace Capital announced a proposed return of capital to shareholders on Thursday, by way of a tender offer.

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Sunday share tips: Rainbow Rare Earths, Palace Capital

28th Nov 2021 19:18

(Sharecast News) - The Financial Mail on Sunday's Midas column called attention to Rainbow Rare Earths's shares, pointing out that it was shaping up to become one of the largest producers outside of China of two key rare earth metals, praseodymium and neodymium.

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Palace Capital Chairman Davis to stay until end of 2021

26th Oct 2021 09:14

(Sharecast News) - Palace Capital said departing chairman Stanley Davis had agreed to stay on until the end of 2021 while it looks for a replacement.

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Palace Capital collects 70% of September rents on due date

13th Oct 2020 08:57

(Sharecast News) - Property investment firm Palace Capital said on Tuesday that 70% of all rents due on the September quarter date had been collected, an improvement on the equivalent stage in the previous two quarters.

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Palace Capital surrenders leasehold interest at Priory House, Birmingham

9th Dec 2019 14:19

(Sharecast News) - Real estate investment company Palace Capital has surrendered its short leasehold interest at Priory House, Gooch Street North, Digbeth, Birmingham for a nominal sum of £25,000, it announced on Monday, saving it around £170,000 per annum.

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Wednesday broker round-up

5th Jun 2019 13:33

(Sharecast News) - IMI: Goldman Sachs upgrades to buy with a target price of 1,180p.

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Palace Capital makes 'substantial progress' in first year on main market

2nd May 2019 08:15

(Sharecast News) - Property investment outfit Palace Capital told investors on Thursday that it had made "substantial progress" in its first full year on the London Stock Exchange's main market, leaving it "very positive" about its prospects.

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Palace Capital leases space to celebrity-backed yoga operator

19th Feb 2019 10:09

(Sharecast News) - Regional commercial property investment company Palace Capital has completed a 15-year lease for 12,800 square feet with Soo Yoga Group at its Sol Northampton leisure scheme, it announced on Tuesday.

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Palace Capital awards £35m York flats construction contract

11th Feb 2019 08:57

(Sharecast News) - Palace Capital on Monday awarded the contract for the construction of its Hudson Quarter development in York, in a contract worth £35m.

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Palace Capital buys One Derby Square in Liverpool for £14m

24th Dec 2018 07:46

(Sharecast News) - Palace Capital said on Monday that it has bought the freehold interest of One Derby Square in Liverpool for £14m, reflecting a 6.75% net initial yield.

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Palace Capital shrugs off 'uncertain times' as income jumps

26th Nov 2018 13:20

(Sharecast News) - Property firm Palace Capital insisted there would be further investment opportunities this year, despite the current "uncertain" climate, as it posted a jump in first-half income and profits.

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Palace Capital selling 50 flats to Barnet council

23rd Nov 2018 10:56

(Sharecast News) - Property investment company Palace Capital has exchanged contracts to sell 50 residential units for a total consideration of £18.2m, it announced on Friday, reflecting 97% of their book value, to the London Borough of Barnet.

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Palace Capital extends lease on Essex property by 10 years

16th Dec 2016 08:33

(ShareCast News) - Property investment firm Palace Capital has extended its lease by 10 years on a property in Maldon, Essex with Rockwell Automation. The ICS buildings, which comprise of a 75,000 square feet warehouse and office building, were let to Rockwell Automation until June 2017 at a rental

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