Tag: Wales

Cardiff is Hot Property for Commercial Investors

Cardiff is Hot Property for Commercial Investors
Posted on 23 November, 2015 by Chris Grigorovsky under Business News, Commercial Developments, Commercial Sales and Lets

As the end of 2015 approaches, the city of Cardiff has made strides in attracting major occupiers, investors and developers to become a "City in demand", according to a report from Knight Frank. The 2015 Cardiff Office Market review, presented by... Read More

Hotel Specialist reports Strong Demand in Wales

Posted on 23 October, 2015 by Kirsten Kennedy under Commercial Sales and Lets

While Wales has enjoyed a year of strong demand as a business destination, particularly in the wider Cardiff area, the tourism sector remains an incredibly popular growth hotspot in the country’s greater economy. This has helped Colliers International... Read More

Cardiff Office Building poised for Hotel transformation following Sale to Private Equity Firm

Posted on 10 April, 2015 by Cliff Goodwin under Commercial Sales and Lets

One of Scotland’s largest private equity companies has paid almost £14m for a Cardiff office building it intends to convert into a hotel. The deal is the seventh completed by Glasgow-based Maven Capital’s specialist property team in the last 24... Read More

Occupier Demand in Wales climbs for Seventh Consecutive Quarter

Posted on 2 February, 2015 by Jodee Redmond under Industry News

Occupier demand for commercial property in Wales has risen across all sectors for the seventh consecutive quarter, according to figures in the latest RICS Commercial Market Survey. The figures show 38 per cent more Welsh surveyors reporting higher levels of... Read More

Kingsway Shopping Centre bought by Queensberry Real Estate

kingsway shopping centre bought by queensberry real estate
Posted on 19 October, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Investment into retail commercial properties is beginning to reach pre-recession levels once more, indicating that businesses and individuals are becoming more confident about a long-term recovery within the retail industry. Shopping centres, in particular,... Read More

Neath Town Centre Redevelopment Underway

Posted on 6 August, 2014 by Jodee Redmond under Commercial Developments

The initial phase of the Neath Town Centre redevelopment project will begin this month with the demolition of the Welsh town’s Magistrate’s Court. The first phase of the scheme includes a 24,000 sq ft retail unit which will be constructed alongside... Read More

Overseas Investment in Wales “Near 25 Year High”

Posted on 31 July, 2014 by Cliff Goodwin under Business News

Inward investment in Wales is approaching a 25-year high with 79 foreign companies either moving into the country last year or expanding an established foothold, giving a boost to the commercial property market. The UK Trade and Investment (UKTI)... Read More

Study Investigates Potential of State-Owned Commercial Bank for Wales

Posted on 6 February, 2014 by Cliff Goodwin under Business News

The Welsh Economy Minister Edwina Hart has ordered a viability study into the setting up and operation of a development bank to support the country’s businesses. Edwina Hart AM A development bank for Wales was proposed in a review last year by the... Read More

Prices Remain High for Farmland in Wales

Posted on 27 September, 2012 by Jodee Redmond under Industry News

The average price per acre for farmland in Wales is £6,594, and predicted to rise over the next 12 months.... Read More

Welsh Businesses in Administration Thanks to Wet Weather

Posted on 10 July, 2012 by MOVEHUT under Business News

Wales has been hit by devastation recently as the wet weather has seen many commercial properties having to close their doors for a considerable amount of time to clean up their properties.... Read More