In April 2019, Fiera Real Estate, part of Fiera Capital Corporation (Fiera Capital), acquired an 80 percent interest in Palmer Capital. This acquisition marked the start of an evolution for Fiera Real Estate’s UK division to become part of a coordinated and growing global real estate platform. The acquisition marked Fiera Capital’s first acquisition of a real estate investment management business outside of Canada.
Fiera Real Estate’s UK division will be located in Fiera Capital’s new offices in the West End of London. It will remain a UK focused real estate investment management company, as well as being a minority shareholder in ten regional property companies across the UK. It remains independently managed and part owned by the management.
Alex Price, Head of Fiera Real Estate’s UK division said:
“Rebranding to Fiera Real Estate reflects the creation of a new global real estate offering. However, whilst we have a new name, our people, entrepreneurial culture and relentless focus on creating sustainable value for stakeholders remains the same."
Peter Cuthbert, Global Head of Fiera Real Estate said:
“We are very excited to move into this next phase of our evolution in the UK. Palmer Capital has been a great addition to Fiera Real Estate, as we pursue our mission to build a best in class global real estate investment management platform and to better serve our growing international client base."
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