Cooke & Arkwright
News
Christmas in a Box
18/11/09
Operation Christmas Child, the world’s largest children’s Christmas charity project, has expanded into Cardiff this year thanks to three months’ free use of a 6,450 sq ft warehouse at Southpoint Industrial Estate, arranged through agents Cooke & Arkwright on behalf of the landlord, Longford Investments (No 1) Ltd.
First tenant for Assembly Square
10/11/09
M&A Solicitors have been named as the first tenants for Aviva Investments’ 66,215 sq ft flagship development, 3 Assembly Square in Cardiff Bay. The firm has taken 8,000 sq ft at the Breeam Excellent, Grade A office building, which has a waterfront location and an on-site multi-storey car park.
Prime site close to Cardiff City Stadium acquired
04/11/09
A prime 1.5 acre site in Sloper Road, close to Cardiff City Stadium in Leckwith has been sold to a private developer. The premises were previously occupied by Hewden Hire, which has sold the site in a move to consolidate its business in Cardiff Bay.
Welsh window on the world
29/10/09
The Royal Institution of Chartered Surveyors (RICS) has formed a new UK World Regional Board (UK WRB) with the UK being identified as a key World Region of RICS, along with Europe, MENEA (Middle East, Near East and Africa), India, the Americas, Oceania and Asia. Michael Lawley, Managing Director of Cooke & Arkwright and Chairman of RICS Wales, has been selected as one of the nine non-executive members to sit on the UK WRB board.
Strategic move
29/10/09
Veolia Transport Cymru has opened a transport depot at Llandow Trading Estate in the Vale of Glamorgan to house its fleet of buses and coaches that service contract routes throughout the area around Cardiff and the Vale. Llandow is increasingly being viewed as a strategically important location in light of the recent decision by the Vale of Glamorgan council to approve the planning application for a military training academy in St Athan, which could train 25,000 students a year and create 5,000 jobs.
Owens expands just in time
29/09/09
Owens Road Services has leased almost 90,000 sq ft at Reevesland Industrial Estate, Newport, where it will operate a regional distribution centre, warehouse facility and a vehicle service workshop. The company will operate a Just-in-time (JiT) facility from the warehouse in partnership with Ball Packaging Europe, one of the world’s largest producers of metal and plastic containers for the beverage and food industry, as part of the supply network for a major brewery.
Principality opens 51st branch in SD2
15/09/09
Principality Building Society, Wales’ largest provider of financial advice, mortgages and savings, will open its 51st branch this November, positioned at the heart of Cardiff’s new St David’s development.
Industrial estates sold for £3m
25/08/09
Cooke & Arkwright’s investment agency department has sold two industrial estates totalling some 79,000 sq ft for the Ashtenne Industrial Fund for a price of £3m, reflecting a net initial yield of 10% on the existing income.
Greggs take first bite at Celtic Springs retail quarter
12/08/09
A retail ‘quarter’ is taking shape at Newport’s £100m Celtic Springs Business Park. A parade of shops close to the existing Dragon Fly pub and restaurant and Express at Holiday Inn, to the east of the park, will add to the facilities already present at the 45- acre business park adjacent to the A48 and near junction 28 of the M4. One of the three planned shops has already been snapped up by Greggs, who are eager to open for business on the park by the end of the year. The new store will lead to the creation of 12 new jobs.
Robert Knight Award for Lifetime Achievement
04/08/09
A Welsh chartered surveyor has been given an inaugural lifetime achievement after 30 years of dedication to the industry. The first annual Robert Knight Award was presented to Jeremy Rawlins, 53, of Cowbridge, who is held in high esteem in the property industry by the Royal Institution of Chartered Surveyors in Wales.