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 £11 million for Variety’s Wheelchair Program.
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.

Matthew Simpson

Matthew Simpson

Chief Financial Officer

Date of appointment

12 November 2021

Expertise

Matthew Simpson, ACCA qualified, oversees the operations of the finance team and has responsibility across the Group as part of Exco. Matt is also involved with the ESG Committee as well as overseeing the Workforce Advisory Panel.

Previously part of the financial management team at Private Equity firm CIT Group Partners LLP, Matthew is focused on detail and enhancing the structures to ensure the business manages its finances as proactively and effectively as possible. Matthew Simpson is also an avid sports fan, a passion he brings into his work ethos as a competitive and determined individual that enjoys challenges. Matthew is happy to be part of the Palace Capital growth story and help deliver the systems to ensure no detail is forgotten. Matthew has an extensive understanding in commercial property transactions in Central London and across Germany having worked with regional offices in these parts of the world, and looks forward to bringing these experiences into Palace Capital’s regional investment plan.

Non-Executive Directors

Phil Image

Steven Owen

Chairman

Date of appointment

Steven was appointed by the Board as independent non-executive Chairman in December 2021, becoming Chairman on 1 January 2022,

Expertise

Steven is the Non-Executive Chairman of FTSE 250 property investment group Primary Health Properties plc (“PHP”) having been appointed Chairman in April 2018. He was appointed to the Board as an independent Non-Executive Director in January 2014 becoming chairman of the Audit Committee and Senior Independent Director in April 2014. Steven has overseen PHP’s significant corporate activity in the period including its merger with MedicX Fund Limited in 2019 and the internalisation of its management structure in January 2021 with both transactions creating significant shareholder value.

Steven began his earlier career with KPMG before moving into property with Brixton plc where he became Finance Director and subsequently Deputy Chief Executive. Steven is a Fellow of the Association of Corporate Treasurers.

Mickola Wilson

Mickola 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 Remuneration and Nominations Committees and member of the Audit and Risk Committee.

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 and Risk 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.

Paula is chairperson of the CSR Committee and a member of the Remuneration, Nominations and Audit and Risk Committees.

 

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