Cooke & Arkwright appointed property agents for Parmer Cardiff Waterside

27 November 2020

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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.

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