London: 20 April, 2016: Today, Palace Capital plc, the property investment company that focuses on commercial property outside London, has announced it has made it on to The Leap 100 2016 – a list of the 100 most exciting, fast-growth companies in the UK, launched by Mishcon de Reya and City AM. All the companies selected have demonstrated substantial growth over the past 12 months and been identified as the ‘ones to watch’ for 2016.
Palace Capital has been included on this year's list. The company focuses on commercial property investments outside London and it has accelerated its growth by making a number of key acquisitions over the last 12 months including Broad Street Plaza, a large mixed use leisure development in central Halifax, 249 Midsummer Boulevard, an office building in Milton Keynes and Sol Central, another large mixed use leisure scheme in central Northampton.
Neil Sinclair Chief Executive of Palace Capital explains:
“The business has been on an opportunistic journey over the last 12 months and we have been bringing our unique brand of asset management to the properties, with special attention to selected towns and cities.”
The Leap 100 companies, which range in terms of scale and sector, were chosen because of their growth potential and ability to make the leap to the next level in terms of revenue. Click here for the full list.
The most important publication targeting the London business community, City AM, and one of London's leading law firms, Mishcon de Reya, teamed up with The Supper Club, The Entrepreneurs Network and Seven Hills to compile the list, which is neither ranked nor exhaustive.
Nick Davis, Head of Corporate at Mishcon de Reya, said: "This stage of a company's growth can be very dramatic, with risks of serious setbacks and sudden lows, but with high rewards for those who make it to the other side. The Leap 100 campaign examines and celebrates the hurdles and opportunities that fast growing companies face. We launched The Leap 100 in 2015 to support a select group of some of the UK's most exciting, high growth companies. This year's list is yet again a dynamic group of companies to watch."
Christian May, Editor of City AM, said of the list: “The UK has a thriving SME community making up 99.9% of the private sector. However, for the majority of companies, the key problem continues to focus on how companies scale in order to grow to their full potential. The purpose of this list is to showcase the UK companies succeeding in doing this, as well as identifying those that we as a nation need to be aware of – they are a triumph.”