DIRICKX Systems Expands UK Manufacturing at Leeds Valley Park
Deal News | May 19, 2025 | Catella Real Estate AG

Catella APAM, a private equity firm, has furthered its success at Leeds Valley Park by securing a significant lease agreement with DIRICKX Systems Ltd, a company specializing in force protection solutions for the defence sector. DIRICKX Systems has taken possession of a new, state-of-the-art 43,836-square-foot warehouse at the strategically located industrial estate in Leeds, UK, which enhances their manufacturing capabilities to meet growing global demands. The lease contributes to Catella APAM's track record of successful transactions in the area, underscoring the ongoing demand for high-spec industrial spaces in West Yorkshire. The deal signifies a major development for DIRICKX, securing its long-term presence in Yorkshire and enabling it to maintain and expand its workforce. Advisory firms Carter Towler, Avison Young, and CBRE represented the landlord, while Knight Frank advised the tenant. The completion of this agreement leaves one remaining unit available at Leeds Valley Park.
Sectors
- Real Estate
- Defence Manufacturing
- Industrial and Logistics
Geography
- United Kingdom – The leasing activity is centered in Leeds, West Yorkshire, UK, and involves a UK-based defence manufacturer.
Industry
- Real Estate – Catella APAM's leasing activity at Leeds Valley Park involves the management and letting of real estate assets.
- Defence Manufacturing – DIRICKX Systems Ltd operates in the defence manufacturing industry, specializing in force protection solutions.
- Industrial and Logistics – Leeds Valley Park's focus on modern industrial and logistics spaces signifies its role within this sector.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Catella Real Estate AG | Private Equity Firm | Company | Catella APAM is responsible for managing the assets at Leeds Valley Park and securing leases. |
DIRICKX Systems Ltd | Occupier | Company | A Leeds-based company specializing in defence manufacturing and the new tenant at Leeds Valley Park. |
Carter Towler | Legal Advisor/Landlord's Agent | Company | Provided advisory services to the landlord for the leasing transaction. |
Avison Young | Legal Advisor/Landlord's Agent | Company | Assisted the landlord in the lease agreement. |
CBRE | Legal Advisor/Landlord's Agent | Company | Also acted for the landlord in securing the lease. |
Knight Frank | Tenant's Advisor | Company | Advised DIRICKX Systems on the leasing transaction. |