News & Views - 2021
The latest news, events and insights in the Wales property world

Anger for many landlords as moratorium on recovery of  commercial rent arrears further extended

Anger for many landlords as moratorium on recovery of commercial rent arrears further extended

The government have announced that the moratorium against forfeiture and the use of CRAR to recover commercial rent arrears that have arisen due to the pandemic is to be extended…

Taylor Wimpey becomes latest developer at Plasdŵr

Taylor Wimpey becomes latest developer at Plasdŵr

Taylor Wimpey has been announced as the latest housebuilder to build at Plasdŵr.

Interest from national retail and leisure operators picking up

Interest from national retail and leisure operators picking up

The retail, leisure and hospitality sectors in Wales have faced some of the most challenging business conditions during the last 12 months, with the Covid pandemic, the changing profile of…

‘Support and adapt’ key to retail and leisure recovery

‘Support and adapt’ key to retail and leisure recovery

The retail, leisure and hospitality sectors in Wales have faced some of the most challenging business conditions during the last 12 months, with the Covid pandemic, the changing profile of…

Tomos returns to his roots

Tomos returns to his roots

Tomos Davies joined Cooke & Arkwright’s Land Agency team in December 2020. He is a Senior Surveyor and had gained extensive experience in his previous land agency role in Cumbria.…

Cows take control at Plymouth Estates

Cows take control at Plymouth Estates

Plymouth Estates has unveiled a revolutionary new robotic milking and feeding parlour at its dairy farm in Ludlow, Shropshire, providing a major boost to animal welfare.

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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