Posted on 12 Apr 2017

'We're still a bit under the radar', says Palace Capital's Neil Sinclair


Neil Sinclair, chief executive of Palace Capital Plc (LON:PCA) tells Proactive's Andrew Scott: ''We feel the regions, particularly Manchester, Leeds and Liverpool and ultimately Newcastle … are going to grow and will continue to grow''.

Sinclair says their portfolio at the moment is worth around £180mln with debt of around £70mln giving them a net asset value of close to £110mln.

''We're conservative, we don't buy very often but when we do we really go for it'', Sinclair adds.

''We think we're unique because we only buy properties in the right towns and in the right places in the right towns''.