Funding
Neither the Palmhurst Group nor Unistar Properties have any external debt, being funded in both cases by their shareholders. After over a decade of profitable growth, both have substantial cash resources, thanks to which the companies are able to self-finance almost any scale of purchase, investment or development. Should they wish to, Palmhurst
and Unistar can secure additional, sizable funding through longstanding relationships with their principal bankers - RBS and
Barclays, respectively.
Despite a relatively cautious stance over recent years the firms have nevertheless been able to successfully pursue high-growth strategies that have delivered market leading
returns while building an unleveraged portfolio of high quality assets. This unique approach has meant that the current credit-crunch is an irrelevance from the Group’s perspective, and Palmhurst’s firm expectation is of a year of aggressive acquisitions