Palace Capital’s executive property director has become the latest board member to step down from the firm.
In a statement this morning, the London-listed property investment company said Richard Starr “has decided that now is the right time to step down from the board with immediate effect”. He has been with Palace for the past nine years.
He will leave the company on 30 September following an orderly handover period. His duties will be allocated between Daniel Davies, head of asset management, and Tom Hood, head of investment, both of whom will report directly to interim executive chair Steven Owen.