Stockholm-based investor Peter Gyllenhammar AB has bought a 3.24% stake in Palace Capital.
The stake equates to 1,495,000 shares in the UK REIT.
According to its website, PGAB invests in small cap companies mainly in its home country of Sweden and the UK, with the aim of becoming the largest shareholder and is generally a “proactive investor” involved in the strategic development of the firms it invests in.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
