Palace Capital appoints non-exec director

Property investment company Palace Capital has appointed Mickola Wilson as a Non-Executive Director of the Company, with effect from 1 February 2019.

Wilson is currently a Joint Owner and Director of Seven Dials Fund Management responsible for providing consultancy, research and investment management advice to the property fund management industry in the UK and worldwide. Prior to this role, Wilson was CEO of Teesland Plc for six years, having joined the business in 2002. During her tenure at Teesland Plc she played a pivotal role in transforming the business from a property services company into a fund management company, expanding its reach regionally across the UK and into Europe, growing it to a circa GBP60 million turnover business with a value of GBP200 million when it was acquired by VALAD in 2007.
 
From 2008-2013 Mickola served as Non-Executive Chairman of Cushman & Wakefield Investors, the investment management arm of Cushman and Wakefield, and was a member of the Property Advisory Panel at the Social Stock Exchange from 2016-2018, assessing prospective property candidates for listing on both AIM and the LSE. Mickola has held various other executive and non-executive positions, including current board roles with the Government Property Agency (GPA), The Health Foundation, Queen Victoria Hospital NHS Foundation Trust and the Bank of London and the Middle East.
 
Mickola is an ambassador for Women in Property, an organisation that creates opportunities, expands knowledge and inspires change for women working in the property and construction industry.
 
Stanley Davis, Chairman of Palace Capital, says: “Mickola has had a distinguished career across the listed and non-listed property industry and is undoubtedly a very experienced board director and business leader who has successfully operated at a senior management level within the sector for a long time. We welcome her to the Board of Palace Capital, and I strongly believe that her contributions to the Company through its next level of growth will be invaluable.”
 
No further details remain to be disclosed as required under LR 9.6.13R of the listing rules of the UK Listing Authority in relation to Mickola Wilson.