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

Cardiff’s historic Market Buildings sold

Cardiff’s historic Market Buildings sold

Cardiff’s historic and iconic Market Buildings, located on St Mary’s Street in the heart of the city centre, has been acquired by London based investor, The Thackeray Estate, for an…

Business Rates - surprising statistics highlighted in consultation response

Business Rates - surprising statistics highlighted in consultation response

On behalf of the Royal Institution of Chartered Surveyors (RICS) Wales, Rating Director Andrew West has delivered a response to the Welsh Government’s Consultation on Tackling Avoidance of Non-Domestic Rates…

BUSINESS RATE REVALUATION IN WALES

BUSINESS RATE REVALUATION IN WALES

On Thursday 11th July 2018 Mark Drakeford, Cabinet Secretary for Finance, announced that the next business rate revaluation in Wales will take place one year earlier in 2021, in line…

New Burger King drive-thru for Newport set to create 40 jobs

New Burger King drive-thru for Newport set to create 40 jobs

A new Burger King drive-thru has been announced for Newport Leisure Park, creating around 40 new jobs and providing a new restaurant offering for the Park. Cooke & Arkwright acted…

Court of Appeal reduces rateable value on Blackpool office block to £1

Court of Appeal reduces rateable value on Blackpool office block to £1

In a case that offers hope to owners and landlords of unoccupied properties which have passed their economic shelf life, but may still be subject to empty rates bills, a…

Cardiff shines as one of UK’s new Business Capitals

Cardiff shines as one of UK’s new Business Capitals

A new study of British Business Success and Growth in 2018 by Lloyds Bank has named Cardiff as one of the top five UK city hotspots for growth, with business…

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Cardiff Waterside is a significant property holding for Aviva Investors at almost 500,000 sq ft. Our experiences show the benefit of working with a regional specialist where occupational markets can be unlocked with a good team with excellent local contacts. Ben Bolton and his team have done this for us for many years and been fundamental to our success and a very low void rate in Cardiff.

Matthew Leach, Arriva Capital Waterside