Gramercy Tower sold to Catella APAM in a c.£37.5M deal

The Catella European Residential Fund III has acquired Gramercy Tower, a 188-residential unit BTR development in Cardiff for c. £37.5M (c. €45M) from developer Urban Centric. The asset was purchased for the Fund by UK-based partner Catella APAM and Berlin-headquartered Catella Residential Investment Management (CRIM).  Gramercy Tower is due to be completed in Q2 2024 […]

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