Dove Real Estate

Dove Real Estate is a private equity real estate investor focusing on UK industrial and logistics assets. The firm operates under the management of Paloma Capital, a London-based private equity real estate investor established in 2015. Paloma Capital has raised approximately £720 million from investors in Europe, the Middle East, and North America, enabling it to operate across various UK sectors and regions. The firm's investment philosophy centers on identifying mispricing opportunities, adopting an entrepreneurial approach to asset management, and ensuring that the majority of returns are income-driven. Notable investments include Caxton Road in Bedford, Nicolson Way in Burton, and Ashchurch Industrial Estate in Tewkesbury. In January 2025, Paloma Capital secured £50 million in funding from OakNorth to support its Paloma Real Estate III fund, which focuses on multi-let urban industrial and logistics schemes, trade counters, open storage, and self-storage assets. The fund aims to capitalize on the growth of e-commerce and the increasing demand for industrial spaces. The firm's leadership includes co-founders Joe Froud and Jack Pitman, who bring extensive experience in UK real estate investment. Jack Pitman, with 33 years in the industry, previously served as a Director at Helical Bar plc and holds an MA in History from the University of Cambridge. Under their guidance, Paloma Capital continues to expand its portfolio and investment capabilities in the UK real estate market.