Business Space Q1 2024 Market Reports

13 May 2024
  • business space, cooke & arkwright, chartered surveyors, office property, industrial property

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The first quarter of 2024 has seen a strong start with significantly more office transactions across Cardiff and consistent level of industrial take up through South Wales.

Compared to the last quarter of 2023 the office market experienced almost double the amount of take up, in both the number of transactions and total transactional volume. Industrial activity remains consistent to the end of last year with just over 610,000 sq ft of take up and 72 deals. Please click though to see the full details of the Q1 figures and how they breakdown in our quarterly reports.

Office Market Report

Industrial Market Report 

Cooke & Arkwright has advised Network Rail on a wide variety of development sites in South Wales from Mon Bank in Newport to Radyr Sidings in Cardiff. They bring a high level of commitment, technical expertise and knowledge to the successful disposal of complicated development sites."

Stuart Kirkwood, Development Director, Network Rail