Palm Capital was founded by Reda Khatim, who developed his career at major private equity real estate firms and looked to create an innovative investment management platform. We manage over 1,000,000 sq. ft. of commercial real estate in the UK and a large residential development in Spain. We are currently looking for new opportunities across Europe.

Our team

Our main partners previously worked together at Citigroup's European Real Estate Fund and Lonestar.  Team members stem from a real estate private equity and investment background, with proven complimentary skills in development, asset management, investor reporting and finance.

  • Reda Khatim

    Reda Khatim

    Managing Partner
    Reda Khatim is the managing partner of Palm Capital, which he launched in 2007. Prior to starting Palm Capital, Reda was a founding principal of Citigroup Property Investors European opportunistic fund, €1.2bn pan European fund. He previously worked with Lonestar Funds in Europe and held various positions at Credit Suisse and Lazard. Reda holds a MBA from Harvard Business School and an engineering degree from Ecole Nationale des Ponts et Chaussees. Reda’s experience includes corporate investments, asset transactions, non-performing loans and various distressed situations. He has invested in multiple jurisdictions as well as across asset classes and capital tranches.
  • Peter Bax

    Peter Bax

    Head of Asset Management
    Peter Bax is a senior partner of Palm Capital and previously European Head of real estate asset management at Citigroup Property Investors. He was also the asset management head for Matrix Group, where he was responsible for restructuring complicated real estate and financial situations. Peter has over 35 years of real estate experience in both UK and European markets. Previously, he was a founding member of the BZW Property Advisory Group. Peter is also an accredited Chartered Surveyor.
  • Tim Jones

    Tim Jones

    VP Investments
    Tim Jones is a Vice President in Palm Capital. He focuses on acquisitions in the UK and Europe. Previously, Tim spent over 3 years at Hudson / Lone Star on the acquisition, asset management / re-positioning and sale of UK & Irish real estate assets and non-performing loans. Prior to this, Tim spent over 5 years in the Capital Markets team at JLL, after starting his career in the Allianz Corporate Finance team. He has a MSc from Reading University and a BA (International) from University College Dublin. Tim is also a member of the Royal Institute of Chartered Surveyors.
  • Graham Peck

    Graham Peck

    Chief Financial Officer
    Graham Peck is Chief Financial Officer of Palm Capital. Graham joined Palm Capital from Octopus Capital where for three years he managed the finance departments of three investment funds, one London Stock Exchange listed fund and two private equity funds, with total assets under management of £1bn. Prior to this Graham was part of the real estate group at BDO LLP. Graham is a chartered accountant and member of the ICAEW.
  • Luis Henríquez de Luna

    Luis Henríquez de Luna

    Analyst
    Luis Henríquez de Luna is an Analyst in Palm Capital, helping on both investment and asset management. Previously, Luis worked for Knight Frank in Madrid for over 3 years, after starting his career at Garrigues, a leading Spanish Law firm. He has a MSc Real Estate from Reading University and a BA in Law and Business Management from San Pablo CEU University. Luis is also a member of the Madrid Bar Association (ICAM).
  • Chris Caruso

    Chris Caruso

    Associate
    Chris Caruso is an Associate in Palm Capital, focusing on both asset management and investment. He joined from Hudson Advisors - Lone Star Funds, having spent over 3 years working on the asset management, repositioning and sale of UK real estate assets and non-performing loans. Chris holds a MA in Business Management from the University of St Andrews and a MSc in Real Estate from Cass Business School.