Cooke & Arkwright appointed property agents for Parmer Cardiff Waterside

27 November 2020

Share this

We have been appointed as professional property agents acting on behalf of Parmer Cardiff Waterside for their office schemes in Cardiff Bay. This appointment continues the firm's long-standing involvement with Cardiff Bay, from its inception with the Cardiff Bay Development Comany, to latter phases working with ABP and Aviva along the way.

The scheme consists of circa 500,000 sq ft of predominantly office buildings, with an additional three high-quality development plots capable of delivering a similar amount of space again. The instruction is timely as Cardiff Council is poised to announce its commitment to move ahead with the new Cardiff Arena at the Red Dragon Centre, along with improved transport links to the city centre. It is anticipated that this will turbo-charge the Bay area once again.

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