Client
Catella Residential Investment Management (“CRIM”)
Location & Size
188-unit bespoke Build to Rent development located in Cardiff City Centre within a 5-minute walk from Cardiff Central Station. Upon completion, the development will offer 120 one-bed, 66 two-bed and 2 three-bed apartments. In addition, the development will offer tenants a co-working space, residents lounge, fitness suite, two roof terraces, cycle storage and car parking
Role
Retained as Investment and Asset Manager
- Exchanged on the forward funding transaction in March 2022 for a value of £37.5M
- The development will consist of a 6-month demolition period and 27-month build programme
- Practical completion is targeted for Q2 2024