Commercial Property

Plans revealed for the redevelopment of Cardiff shopping centre

Plans have been revealed for the redevelopment of the Queens Arcade in Cardiff, that would see the regeneration of the site into a modern and vibrant city centre location.  A public consultation has been launched by site owner Addington Capital, inviting local businesses and members of the public to comment on the plans before they […]
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MooMoo’s opens second Cardiff coffee shop in Cardiff Bay

A Cardiff coffee shop owner has expanded into new premises in Cardiff Bay to serve office and government workers in the area. Laura Wiltshire has opened her second branch of MooMoo’s Coffee Shop in Discovery House at Brittania Quay, which is part of the Parmer Cardiff Waterside development. It will cater for staff in the […]
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Cardiff’s Golate House acquired for £9m

Ship Street Advisors and ADAPT Real Estate, acting on behalf of Jersey based investor UKRO, have acquired a multi-let office investment in Cardiff city centre. The multi-let property comprises Golate House on St Mary’s Street and 31-35 Westgate Street, and the freehold interest has been purchased from Aegon Property Income Fund for £9.15m. The acquisition […]
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£7 million second refurbishment phase goes ahead at Hodge House

Legal & General is investing £7 million in further refurbishment of its landmark Hodge House office building in Cardiff city centre. Last year it completed a comprehensive £10 million refurbishment and re-branding to bring the 110,000 sq ft, eight-storey Grade II listed office building in Cardiff city centre into the 21st century.  Now it is […]
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Thompsons signs lease at Cardiff’s tallest office building

Another letting has been concluded at Cardiff’s tallest office building, with social justice law firm Thompsons Solicitors signing a lease at the 25-storey multi-let Capital Tower. New arrival Thompsons specialises in personal injury and medical negligence support to people across Wales and the UK.  It has taken a 10 year lease on a 2,299 sq […]
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The UK’s largest life insurance broker opens sales office in Cardiff

The UK’s largest life insurance broker, Reassured, have opened their 9th office in Cardiff and their first in Wales. This exciting development is set to provide many job opportunities for the local area, especially within the telesales sector. The office is located within the Cardiff Bay area of the city and is part of the new […]
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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 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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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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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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