Paloma lines up five deals as second fund raises £80m

Paloma Fund Banbury

Manager buys two warehouse estates and is set to acquire three more as 14 investors back second UK fund.

The investment manager’s Paloma Real Estate Fund II (Paloma Fund II) has exchanged contracts to acquire two multi-let warehouse estates in Wakefield and Chester.

It is also in exclusive negotiations to purchase two further warehouse estates and a portfolio of three single-let warehouses.

The combined price of all five deals would total £40m, representing a yield of 8.2%.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now