Zurich House: Prime Leeds Build-to-Rent Opportunity Unveiled by Catella APAM
Deal News | May 15, 2025 | Catella Real Estate AG
Catella APAM, through its specialist development joint venture Bankfoot APAM, has launched the sale of Zurich House, a prime build-to-rent opportunity located at 4 Canal Wharf in Leeds. The site, which boasts a strategic position within the South Bank regeneration area, has secured full planning consent for a comprehensive redevelopment into a 170-unit residential scheme. The development will include a variety of apartment types along with high-quality amenities such as a gym, cinema room, and a panoramic rooftop terrace. Recognized as a gateway site due to its proximity to key transport hubs like Leeds Train Station, Zurich House presents a lucrative opportunity for forward funders, investors, and developers interested in scalable urban rental stock. JLL has been appointed to bring this opportunity to market.
Sectors
- Real Estate
- Investment
Geography
- United Kingdom – The development is located in Leeds, which is in the UK, and the article highlights the significance of the region's rental market.
Industry
- Real Estate – The article discusses the sale and development of a build-to-rent property, which is a significant component of the real estate industry.
- Investment – Catella APAM is targeting investors, forward funders, and developers for the acquisition of the Zurich House, positioning it within the investment sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella Real Estate AG | PE Firm | Company | The parent company involved in the property investment and development sector. |
| Catella APAM | Selling Company | Company | The entity responsible for launching the sale of the Zurich House development. |
| Bankfoot APAM | Development Joint Venture | Company | Catella APAM's specialist development joint venture responsible for progressing the scheme. |
| JLL | Marketing and Sales Agent | Company | Appointed to bring the Zurich House site to market. |
| Rhys Williams | Associate Director | Person | An Associate Director at Catella APAM who commented on the investment opportunity. |