Gramercy Tower: Catella APAM Completes Landmark in Cardiff
Portfolio | Jan 20, 2025 | Catella Real Estate AG
Catella Real Estate AG, through its Pan-European Article 9 fund, CER III, has announced the practical completion of Gramercy Tower, a significant residential development in the center of Cardiff. The project was managed by Catella APAM, serving as the asset manager, and Bankfoot APAM, acting as the development manager. Gramercy Tower stands as a landmark in Cardiff City Centre, representing a strategic investment in the growing urban area. This development is aligned with Catella's commitment to sustainable and responsible investment practices across Europe.
Sectors
- Real Estate
- Investment Management
Geography
- United Kingdom – The Gramercy Tower is located in Cardiff, Wales, making the United Kingdom a geographic focus of the article.
Industry
- Real Estate – The article discusses the completion of a significant residential development project in Cardiff, indicating its relevance to the real estate sector.
- Investment Management – Catella Real Estate AG is managing this project through its Pan-European Article 9 fund, indicating the article's relevance to the investment management industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella Real Estate AG | PE Firm | Company | Catella Real Estate AG oversees the Gramercy Tower project through the CER III fund. |
| Catella APAM | Asset Manager | Company | Serves as the asset manager for the Gramercy Tower project. |
| Bankfoot APAM | Development Manager | Company | Acts as the development manager for Gramercy Tower. |