Wales offers good value to investors

Strong end to investment market in 2015

15 March 2016

Share this

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.”

I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin