Catella APAM Secures Key Tenant at Leeds Valley Park
Deal News | Jan 30, 2025 | Catella Real Estate AG
Catella APAM, functioning as the asset manager for the Greater Manchester Pension Fund (GMPF), has successfully secured a 10-year lease for 25,000 sq ft at Leeds Valley Park. This area is strategically significant owing to its location near crucial motorways, making it an attractive site for industrial and manufacturing businesses. The deal was facilitated by a team involving Carter Towler, Avison Young, and CBRE, and further substantiated by GV&Co representing the tenant, which is a key player in the food ingredient sector. The transaction underscores the robust demand for top-tier industrial space in the region, with both asset and tenant representatives heralding this occupancy as pivotal for mutual advancement.
Sectors
- Commercial Real Estate
- Food Manufacturing
Geography
- United Kingdom – The transaction takes place in Leeds Valley Park, West Yorkshire, UK, highlighting the geographical focus of the article.
Industry
- Commercial Real Estate – Catella APAM's involvement in leasing commercial space at Leeds Valley Park highlights activities within the commercial real estate sector.
- Food Manufacturing – The tenant is a leading food ingredient specialist, emphasizing the relevance of the food manufacturing sector in this transaction.
Financials
- 25,000 sq ft – The size of the leased industrial space at Leeds Valley Park.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella APAM | Asset Manager | Companies | Catella APAM acts as the asset manager for the Greater Manchester Pension Fund, overseeing the letting transaction. |
| Greater Manchester Pension Fund | Owner | Companies | Owner of the property whose interests are managed by Catella APAM. |
| GV&Co | Tenant's Representative | Companies | Represented the tenant in the letting transaction. |
| Tenant (Food Ingredient Specialist) | Occupier | Companies | The named tenant, a food ingredient specialist, occupying the industrial space at Leeds Valley Park. |
| Carter Towler | Letting Agent | Companies | Acted as joint agents to facilitate the letting deal. |
| Avison Young | Letting Agent | Companies | Collaborated as joint agents in facilitating the lease agreement. |
| CBRE | Letting Agent | Companies | Part of the team of joint agents involved in the transaction. |