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Palace Capital's largest shareholder demands chairman is ousted

Lakestreet Capital wants to replace Steven Owen
Palace Capital sold Sandringham House in Harlow last year. (CoStar)
Palace Capital sold Sandringham House in Harlow last year. (CoStar)
CoStar News
January 5, 2026 | 12:01 P.M.

Lakestreet Capital Partners, the largest shareholder in FTSE-listed real estate investment trust Palace Capital, with 22.53%, has requisitioned a general meeting of Palace Capital to remove its chairman Steven Owen and to appoint its founders as directors.

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