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Investegate |Palace Capital PLC Announcements | Palace Capital PLC: Disposal programme continues with Weybridge sale

Palace Capital s disposal programme continues with Weybridge sale A total of 50 apartment sales at Hudson Quarter now completed delivering £15m Palace Capital (LSE: PCA), the Main Market listed property investment company that has a diversified portfolio of UK commercial real estate in carefully selected locations outside of London, but focusing on the office and industrial sectors, has completed the sale of Bridge House, High Street in Weybridge, Surrey as part of its £30 million programme of non-core disposals. The asset is unencumbered and therefore the net proceeds of the £3.7 million sale, which is at a 6% premium to book value, will revert to the Company.

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