2025-01-20 8:00 CET, UK | Press release
Catella APAM, as Asset Manager, and Bankfoot APAM, as Development Manager, are pleased to announce the practical completion of Gramercy Tower, a landmark residential development in Cardiff city centre on behalf of Catella's Pan-European Article 9 fund, CER III.
The development delivers 188 high-quality apartments, offering a mix of 120 one-bedroom, 66 two-bedroom, and 2 three-bedroom units. Gramercy Tower is designed with modern city living in mind, providing residents with a host of premium amenities, including co-working spaces, a stylish residents' lounge, a fully equipped gym, and two roof terraces with stunning views of the city. Bicycle storage and parking spaces with electric vehicle charging stations ensure the development caters to contemporary, sustainable lifestyles.
Chalwe Silwizya, Asset Manager at Catella APAM, highlighted the importance of this project in meeting Cardiff’s demand for quality housing, “Gramercy Tower offers tenants not only modern, high-quality apartments but also a lifestyle tailored to the demands of city living. We’re excited to welcome new residents and deliver an exceptional living experience in the heart of Cardiff.”
Located adjacent to the Central Enterprise Zone and within walking distance of Central Quay and Cardiff Central train station, Gramercy Tower is ideally situated for professionals and families alike. Its proximity to key employment, transportation, and leisure hubs makes it a standout choice for those seeking convenience and connectivity in their daily lives.
The completion of Gramercy Tower is the result of a collaborative and focused effort to bring high-quality residential living to Cardiff. Patrick Vincent, Development Manager at Bankfoot APAM, expressed his pride in the achievement, “The practical completion of Gramercy Tower is the culmination of a dedicated effort to create a development that combines thoughtful design, sustainability, and modern living. From its strategic location to the outstanding on-site amenities, Gramercy Tower is set to become one of Cardiff’s most sought-after residential addresses.”
As Cardiff continues to grow and attract new residents, Gramercy Tower adds an exciting new chapter to the city’s development. Catella APAM and Bankfoot APAM are proud to deliver a project that reflects their shared commitment to quality, sustainability, and community-focused design.
For further information, please contact:
Sarah Emms
Marketing & Communications
+447494 906 783
semms@apamuk.com
About Catella APAM
Catella APAM, an independent and market-agnostic asset and investment manager, has been delivering sustainable real estate solutions since 2010, managing £4B worth of assets across the UK and Ireland. As part of the Catella AB Group, we leverage our global network and extensive market knowledge to provide tailored, effective solutions across all market cycles to achieve remarkable outcomes for our clients.