Palace Capital are focussed on regional property investment, unlocking value to deliver attractive shareholder returns.
Palace Capital aims to maximise shareholder value through enhancing income returns, reducing void costs and generating capital value through strategic refurbishment and development of assets.
As a UK REIT we benefit from a globally recognised tax regime which supports our total return strategy by maximising dividends to shareholders.
As at 31 March our property portfolio was valued at £192,355,000
Key Financials
Year ended 31 March 2023
£128.5m
Net asset value
£7.6m
Adjusted Profit Before Tax
(11.6)%
Total Property Return
31%
LTV
£192.4m
Property portfolio
296p
EPRA net TANGIBLE ASSETS per share
£15.7m
Contractual rental income
87.7%
Occupancy
4.8 years
