Insurance software specialist relocates to Cardiff Bay

19 November 2019
  • 3 Assembly Square, Cardiff Bay
  • 3 Assembly Square, Cardiff Bay

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Global insurance software firm, Sapiens (UK) Insurance Software Solutions Ltd, has relocated its Cardiff office to 3 Assembly Square in Cardiff Bay.

The business has moved into offices of 7,374 sq ft on the fourth floor in the multi-let Parmer Cardiff Waterside building on a ten-year lease. Sapiens, which previously occupied the nearby Caspian Point building, also has offices in London and Uxbridge.

Ben Bolton, Director of Cooke & Arkwright's Business Space department represented Sapiens inthe transaction. He said, “Sapiens have been a long standing tenant on the waterside estate and following comprehensive assessment of a broad list of options around the city, a move to 3 Assembly Square was the best solution for them.”

Grade A, six-storey, 3 Assembly Square is located adjacent to the National Assembly for Wales' Sennedd building, with views over Roath Basin and Cardiff Bay. Other tenants in the 65,765 sq ft building include ITV Wales, Life Science Hub, KPMG, Knight Frank, Acuity and Gambit Finance.

The landlord of Parmer Cardiff Estate was advised by Knight Frank and Cushman & Wakefield. Law firm Berry Smith advised Sapiens.

Cooke & Arkwright advised ABP over the life cycle of its major waterfront mixed use development schemes in Cardiff and Barry. The quality and commitment of their people working alongside us were a key factor in the successful delivery of those schemes.

Byron Lewis, Estate Surveyor, Associated British Ports