News & Views - 2017
The latest news, events and insights in the Wales property world

Better protection needed from rogue managing agents

Better protection needed from rogue managing agents

Managing Agents have been calling for regulation of the residential management sector in order to protect residents from a small minority of rogue agents who bring the sector and their…

Seasalt and Joules open at Oyster Wharf, Mumbles

Seasalt and Joules open at Oyster Wharf, Mumbles

Seasalt and Joules have opened within the former Co-op which has been developed as part of the Oyster Wharf scheme in Mumbles, one of Wales’ most famous seaside destinations. Overlooking…

Making the transition from Development Land to Investment

Making the transition from Development Land to Investment

Cooke & Arkwright’s strength is its lifelong commitment to investing in building the skills and careers of talented individuals and supporting them with the training required to reach the high…

Course offers non-cognate graduates a path into property

Course offers non-cognate graduates a path into property

Non-cognate graduates who wish to move into the property surveying sector should consider doing a Master’s degree in Real Estate Management through the University College of Estate Management. The qualification…

Switch to CPI business rate link vital to keep Wales competitive with England

Switch to CPI business rate link vital to keep Wales competitive with England

Public and private sector property occupiers are set to see substantial increases in their business rates in the 2018/19 financial year. The Office for National Statistics (ONS) has announced that…

Bumper Q3 quarter for Cardiff commercial lettings

Bumper Q3 quarter for Cardiff commercial lettings

Commercial office lettings in Cardiff are up 19% on the same quarter last year, according to new figures released by Cooke & Arkwright's office agency. The data, gathered by the…

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Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

The Welsh Rugby Union Limited, Welsh Rugby Union Group