Property investment firm signs £26.5m facility to deliver new mixed-use development

Palace Capital, the Main Market-listed property investment company, has signed a £26.5m banking facility to help deliver a mixed-use development in York. Through its subsidiary Palace Capital (Developments), Palace Capital secured the new loan facility with Barclays Bank. The facility will be used to part finance the mixed-use development of Hudson Quarter in York, which comprises 127 residential apartments, 34,500 sq ft of offices, 5,000 sq ft of commercial space and car parking in central York. Palace Capital acquired the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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