The Arches

Leicester

Client
Catella Residential Investment Management (“CRIM”)

Location & Size
184-unit bespoke Build to Rent development located in Leicester City Centre. The development benefits from high quality and well-designed amenity spaces totalling 4,200 sq ft including a cinema room, two residents’ lounges and a large double height reception area together with 43 car parking spaces and on-site cycle storage

Role
Retained as Investment and Asset Manager

  • CRIM’s first UK residential acquisition
  • Exchanged contracts in June 2021 for £31.65M
  • The development reached Practical Completion at the end of September and is continuing to demonstrate a strong lease up rate off the back of a successful pre-leasing campaign
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