Commercial Property

Cardiff News December 14, 2020

Cardiff property market well positioned to emerge from Covid pandemic

The annual Cardiff Report from global property consultancy Knight Frank shows that, even though the city’s property market was badly hit by the pandemic in 2020, Cardiff still achieved noticeable successes, and is anticipated to bounce back well next year when the recovery phase of the pandemic begins. The report describes how the office lettings sector was badly affected by the Covid-19 outbreak, while parts of the property investment sector remained strong, the demand for industrial and logistics space continued to grow, and the city’s residential market saw intense activity across all price bands with house prices 7.3 per cent […]
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Cardiff News December 11, 2020

Cardiff fintech invests £1.5 million to support staff working from home

Currencycloud, the leading embedded cross-border solutions platform, today announced plans to invest £1.5 million on measures to embrace remote-first working across its business as it envisages life after the pandemic. The policy marks a mindset shift, with remote work being assumed as the default going forward.  Offices in prime locations such as London, New York, and Amsterdam will remain part of the footprint, however plan to be refurbished and optimised for relationship building and collaboration as opposed to siloed open plan working.  They will also be used at employees’ discretion, with no set quota of when employees are required to […]
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Cardiff News December 7, 2020

Second phase of Waterside Business Park completes

Propco Developments Limited has completed the second phase of Waterside Business Park with all eight units on the Lamby Way site in Rumney, Cardiff now fully let or sold. Part-funded by a six figure loan from the Development Bank of Wales, phase two is a £1.5 million site that includes eight industrial units. Six have been sold to occupiers that include Richard Kemble Ceilings, Puma Floors and Absolute Performance with two units having been let on ten year leases. Propco first developed phase one of Waterside Business Park in 2007 which consists of 18 similar sized flexible use units. For […]
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Cardiff News October 30, 2020

Legal & General to relocate Wales HQ to Cardiff Central Square

Legal & General, one of the largest private employers in Cardiff, announces that it will relocate its two Group offices in Wales to a 120,000 sq. ft. facility in Cardiff’s Central Square as part of a wider £450m regeneration scheme. The move, which is planned to take place in early 2023, will see over 1,800 Legal & General employees relocate from its existing offices in Cardiff to a modern, eight-storey office space within ‘The Interchange’. It will be located alongside the new BBC Cymru Wales broadcasting studio, HMRC and Cardiff Transport Interchange. The £140m Interchange building is the fifth phase […]
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Cardiff News October 22, 2020

Home hearing specialist moves to Cardiff Bay

Home hearing test specialist Hearfocus has moved its UK headquarters to the Cambrian Buildings office building in Cardiff Bay. The rapidly expanding independent company has taken a five year lease on the 4,747 sq ft first floor of the multi-let building. Landlord Longmead Capital was represented in the transaction by the Cardiff office of property […]
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Cardiff News September 24, 2020

Business booming for Cardiff vehicle accident repair centre

One of the leading accident repair centres in Cardiff, SMART Bodyshop Solutions, has continued to grow and deliver services in a controlled manner throughout the pandemic lockdown. Continued service delivery at the business has paid off with steady growth and an opportunity to move to larger new premises in Ocean Park. SMART, which is aligned […]
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