News & Views - 2014
The latest news, events and insights in the Wales property world

Admiral House Newport sold to institutional RE investor for £20m

Admiral House Newport sold to institutional RE investor for £20m

Admiral Group's newly constructed primary office building in Newport has been sold to leading global Real Estate Investment Trust, W. P. Carey Inc for approximately £20m. The 83,000 sq ft…

Successful appeal of Millennium Stadium plc Business Rates

Successful appeal of Millennium Stadium plc Business Rates

It learnt that it had been successful with its appeal against the rateable value ascribed to the stadium, which is wholly owned by the Welsh Rugby Union, and will benefit…

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Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP