Wales offers good value to investors

Strong end to investment market in 2015

15 March 2016

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The Welsh commercial property investment market saw a strong end to 2015, as a number of large investment transactions completed in the final quarter and investment sales volumes for 2015 as a whole exceeded those in 2014. A growing trend seen by Cooke & Arkwright’s investment agency team, through their work on sales and acquisitions, was UK investors increasingly targeting opportunities in Wales in search of value for money.

Investment Director Nick Lawley said “We have seen a change in sentiment amongst investors over the last six months as more of them are seeking active management investment opportunities which offer the potential to increase value through asset management and rental growth.  Going forward, income return is also expected to form a bigger part of return on investment, and therefore properties that offer a relatively high initial yield are also proving ever more attractive.  As properties in London and the south east look increasingly fully priced, we are speaking to investors who think that Wales now offers good value.”

The Leekes Retail and Leisure Group have substantial property assets within the group and have engaged Andrew West to appeal against rating assessments on these properties since 2010. We have consistently been impressed by Andrew's knowledge of the property market and his negotiating skills have been exceptional. Given Andrew's outstanding performance, we would not hesitate to recommend Andrew to any business large or small seeking to appeal their rates liabilities.

Mike Fowler, Group Finance Director, Leekes Group