Catella APAM Secures EE's New Flagship Experience Store in Norwich
Deal News | Dec 16, 2024 | Catella Real Estate AG
Catella APAM, a real estate asset and investment manager, has finalized a significant leasing agreement with EE, the UK’s foremost telecommunications and technology retailer. The agreement entails a 10-year lease for a 5,800 sq. ft. experience store located at Chantry Place, Norwich. Catella APAM arranged the deal on behalf of the Greater Manchester Pension Fund, marking a notable addition to their real estate investment ventures.
Sectors
- Real Estate
- Telecommunications
Geography
- United Kingdom – The transaction and store location is in Norwich, which is in the UK.
Industry
- Real Estate – The article involves a leasing agreement, a key activity in the real estate sector.
- Telecommunications – EE, a leader in telecommunications, is involved in expanding its retail presence.
Financials
- 10-year lease – The duration of the lease agreement secured by Catella APAM for EE.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella APAM | Real estate asset and investment manager | Company | Specialist in real estate assets, facilitating the leasing agreement. |
| EE | Tenant | Company | UK's leading telecommunications and technology retailer entering a new lease. |
| Greater Manchester Pension Fund (GMPF) | Client | Company | The pension fund for which Catella APAM negotiated the deal. |