Should they wish to, Palmhurst and Palmhurst Residential Property fund can secure additional, sizable funding through longstanding relationships with their principal bankers – Handelsbanken and Lloyds, 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