International legal practice Osborne Clarke has advised on the launch of CBRE GIP and Palmer Capital’s new £250m value-add fund. The fund is part of their programmatic venture series targeting value add and opportunistic real estate transactions in the UK.
The fund will utilise the expertise of Palmer Capital’s network of 10 regional property companies and focus on active asset management investments and projects with change of planning use potential across the industrial and office markets as well as mixed use schemes.
The vehicle will capitalise upon long term thematic trends of technological change affecting real estate use and service, demographic growth driving demand and urbanisation.
The Osborne Clarke team was led by Partner Tim Simmonds, who was assisted by Associate Director Daniel Faundez and Associate George Skinner.
Osborne Clarke is a recognised industry leader in real estate and financial services providing a comprehensive life-cycle service to funds and fund investors across all asset classes and strategies.