UK: Real estate investment and asset manager Catella APAM has brought to the market a city centre build-to-rent (BTR) opportunity in Leeds, launching the sale of Zurich House on behalf of client NPV International.
The site, located at 4 Canal Wharf, lies within the South Bank regeneration zone, close to Leeds train station and Granary Wharf.
Full planning permission was granted in February 2025 for the redevelopment of the site into a 170-unit residential scheme, comprising studios, one-, two- and three-bedroom apartments.
The proposed development includes a gym, a cinema room, co-working spaces, a dining and function area, ground-floor landscaping and a rooftop terrace offering panoramic views over the city.
Rhys Williams, associate director at Catella APAM, said: “Zurich House represents an exceptional opportunity to acquire a planning-approved, design-led BTR scheme in one of the UK’s strongest regional rental markets.
“With its strategic location, ESG-focused design, and short walk to key transport and employment hubs, this asset is ideally positioned for forward funders, investors or developers seeking scalable urban rental stock.”
Bankfoot APAM, a specialist development joint venture of Catella APAM, has developed the scheme. Property consultancy JLL has been instructed to lead on the sale.
Highlights:
- Catella APAM has brought a 170-unit BTR scheme in Leeds to the market
- The complex is located in South Bank, five minutes from Leeds station
- Plans include rooftop terrace, gym, cinema and co-working areas
