Further to its strategic review, Palace Capital intends to focus on becoming an ESG driven, regional office market specialist. To that end the company has announced a new £46.5m property disposal programme including its entire industrial property portfolio with the proceeds to be reinvested into the office sector. Palace Capital has also announced a buyback for up to 5% of its shares and continues to review its cost base. The outcome of the strategic review is to sharpen the focus on themes mana ....
04 Jul 2022
Palace Capital* - Strategy sharpened, 5% buyback commences
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Palace Capital* - Strategy sharpened, 5% buyback commences
Palace Capital plc (PCA:LON) | 226 6.8 1.3% | Mkt Cap: 84.9m
- Published:
04 Jul 2022 -
Author:
Colin Smith -
Pages:
6
Further to its strategic review, Palace Capital intends to focus on becoming an ESG driven, regional office market specialist. To that end the company has announced a new £46.5m property disposal programme including its entire industrial property portfolio with the proceeds to be reinvested into the office sector. Palace Capital has also announced a buyback for up to 5% of its shares and continues to review its cost base. The outcome of the strategic review is to sharpen the focus on themes mana ....