By Guy Montague-Jones2018-11-23T00:00:00
Palace Capital has acquired a 5% stake in fellow listed property company Circle Property.
Palace’s chief executive, property veteran Neil Sinclair, told Property Week that it had decided to invest in Circle, which has a market cap of about £56m, because “the shares were cheap” and Circle had a similar focus on regional commercial property to Palace.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.