Catella APAM Secures Dual Lease Renewals at 12 Greek Street in Leeds

Portfolio | May 15, 2025 | Catella Real Estate AG

Catella APAM Secures Dual Lease Renewals at 12 Greek Street in Leeds

Since acquiring 12 Greek Street in Leeds in June 2023, Catella Real Estate AG in collaboration with Catella APAM has successfully executed a robust asset management strategy. This prime location office and leisure building recently secured dual five-year lease renewals from both parkrun, a global community event charity, and engineering consultancy Troup, Bywaters + Anders LLP. Both renewals highlight the strategic approach that Catella APAM has adopted, showcasing its focus on early tenant engagement and tailored asset management to bolster the building's market position. Senior Asset Manager Chalwe Silwizya emphasizes these renewals as a testament to the property's quality, prime location, and robust management, confirming its resilience and competitiveness in the regional office market.

Sectors

  • Real Estate

Geography

  • United Kingdom – The focus of the article is on 12 Greek Street, a building located in Leeds, a city in the United Kingdom.

Industry

  • Real Estate – The article focuses on the leasing and property management activities of Catella Real Estate AG and Catella APAM, highlighting the importance of asset management strategies in the regional office space market.

Financials

  • N/A – The article does not specify any detailed financial amounts related to the leases or asset management.

Participants

NameRoleTypeDescription
Catella Real Estate AGPrivate Equity FirmCompanyThe company that acquired 12 Greek Street and is engaged in managing and enhancing the property's value.
Catella APAMAsset ManagerCompanyA partner in managing and executing the asset management strategy for 12 Greek Street.
ParkrunTenantCharityA global charity organizing community events, which renewed its lease at 12 Greek Street.
Troup, Bywaters + Anders LLPTenantCompanyAn engineering consultancy that renewed its lease at 12 Greek Street.
Chalwe SilwizyaSenior Asset ManagerPersonSenior Asset Manager at Catella APAM, involved in the management of 12 Greek Street.