Palace Capital plc has three Executive Directors, a Non-Executive Chairman and three Non-Executive Directors.

Executive Directors

Neil S

Neil Sinclair

Chief Executive

Date of appointment

Co-founded the Group in 2010.

Expertise

Neil has over 50 years’ experience in the property sector. He was a founder of Sinclair Goldsmith Chartered Surveyors which was admitted to the Official List in 1987 and subsequently merged with Conrad Ritblat in 1993, when he became Executive Deputy Chairman. Neil was appointed Non-Executive Chairman of Baker Lorenz, surveyors in 1999 and which was sold to Hercules Property Services plc in 2001. He was appointed a Non-Executive Director of Tops Estates plc, a fully listed company, in 2003 and remained so until it was sold to Land Securities plc in 2005. He was one of the founders of Mission Capital plc, now Watchstone Group plc, which was admitted to AIM in 2005, and was Executive Chairman until February 2008. He was also featured in ‘Top 100 Property People in Property Week’ in 2003.

External appointments

  • He was elected Chief Barker (Chairman) for 1991 for Variety the Children’s Charity one of the country’s premier charities and is still a Trustee.
  • He co-founded ‘the PROPS’, one of the industry’s leading events which has raised nearly £9 million for Variety’s Wheelchair Program.
Stephen S

Stephen Silvester

Finance Director

Date of appointment

2015

Expertise

Stephen Silvester, a Chartered Accountant with over 15 years in finance, joined Palace Capital in 2015 as Finance Director and brings over ten years’ experience working in real estate. Prior to joining Palace Capital he served for three years as Group Financial Controller at NewRiver REIT, who specialise in the UK retail sector.

Stephen started his career at Menzies Chartered Accountants in the UK before moving to Sydney, Australia for five years where he served as a senior accountant and business advisor for PKF Chartered Accountants and then joined St Hilliers Pty Ltd, a large real estate company based in Australia with construction, fund management and property development operations in both the residential and commercial sectors where he worked for four years during which he became Group Financial Controller and ran the 15-strong finance team.

Stephen has experience across many areas in property finance including capital raising from both debt and equity markets, hedging, securing credit facilities from major institutions for both investment and development finance, as well as listed corporate experience including investor relations, REIT compliance and corporate transactions.

Richard S

Richard Starr

Executive Director

Date of appointment

October 2013

Expertise

Richard has extensive experience of sourcing and managing commercial investments throughout the UK. After qualifying as a Chartered Surveyor in 2000, he developed his experience working as a fundamental team member of four Central London property firms including the corporate real estate division of what is now CBRE Global Investors. In 2011, Richard established his own boutique property consultancy, successfully negotiating sales and acquisitions on behalf of a wide variety of institutional & private clients before joining the board of Palace Capital in October 2013.

Non-Executive Directors

Stanley Davis

Stanley Davis

Non-Executive Chairman

Expertise

Stanley is a successful serial entrepreneur who has been involved in the City of London since 1977. His founding company was company registration agents Stanley Davis Company Services Limited which he sold in 1988. In 1990 he became Chief Executive of a small share registration company which became known as IRG plc and acquired a number of businesses including Barclays Bank Registrars and was sold for a substantial sum to The Capita Group plc.

External appointments

  • Until recently, Stanley was Chairman of Stanley Davis Group Limited, specialising in company formations, property and company searches.
Mickola Wilson

Mikola Wilson

Senior Independent Director

Expertise

Mickola is currently a Joint Owner and Director of Seven Dials Fund Management responsible for providing consultancy, research and investment management advice to the property fund management industry in the UK and worldwide. Prior to this role, Mickola was CEO of Teesland Plc for six years, having joined the business in 2002.

From 2008-2013 Mickola served as Non-Executive Chairman of Cushman & Wakefield Investors, the investment management arm of Cushman and Wakefield, and was a member of the Property Advisory Panel at the Social Stock Exchange from 2016-2018.

External appointments

  • Mickola is an ambassador for Women in Property, an organisation that creates opportunities, expands knowledge and inspires change for women working in the property and construction industry.
  • Chairperson of the Nominations Committee and member of the Remuneration and Audit Committees.
Kim Taylor Smith

Kim Taylor-Smith

Independent Non-Executive Director

Expertise

Kim, a Chartered Accountant, brings to Palace Capital over thirty years’ experience as a company director for a range of businesses, with a particular background in property management, investment and development.

He was Finance Director and latterly Chief Executive of Birkby plc, a manager of serviced workspace (IMEX) and indoor markets (Inshops), between 1983 and 1999 and continued as Chief Executive of the enlarged Group after the agreed takeover by Mentmore plc, at that time Europe’s leading records management and self storage company where he remained until 2001.

Since 2001, Mr Taylor-Smith has undertaken various property investment and development projects including the establishment of a successful serviced workspace operation which was sold to Highcross Group in 2006. Chairman of the Audit Committee and member of the Remuneration and Nominations Committees.

Paula Dillon

Paula Dillon

Independent Non-Executive Director

Date of appointment

1 March 2020

Expertise

Paula joined the Board on 1 March 2020 and is a qualified lawyer who specialised in the real estate sector for more than 30 years. During this time Paula worked on some of the largest developments in the north of England. Paula recently retired from Womble Bond Dickinson LLP, which she joined in 2013 and where she spearheaded the growth of the firm’s Leeds office. Paula served on the US/UK board of Womble Bond Dickinson LLP and was the board sponsor for Diversity and Inclusion.

Outside of her extensive legal career, Paula served on the board of Opera North between 2009 and 2017 before stepping down to become the first female President of the Leeds Chamber of Commerce in 2017.

External appointments

  • Paula currently serves as vice-chair on the board of the West and North Yorkshire Chamber of Commerce

The Board operates in accordance with its articles of association

Our governance structure is shown below. The Board delegates specific responsibilities to Board Committees. More information on the Board Committees is available here.

diagram of the board committees and their members