Financial Times FT.com

Palmer aims to sell 85 petrol stations

By Jim Pickard

Published: June 8 2007 03:00 | Last updated: June 8 2007 03:00

Palmer Capital Partners, the venture capital-style property group run by Ray Palmer, has hired agents to sell 85 petrol stations let to Somerfield, the supermarket group.

The portfolio is being marketed through agents CB Richard Ellis and Rapleys at a price of £200m, a yield of about 5.5 per cent.

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