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.”

Cooke & Arkwright have been providing Newport City Council with rating advice for over 20 years. Andrew, Jane and Huw provide a personal and professional service and have an excellent knowledge of the Council’s assets which has enabled the Council to achieve substantial rate savings. A useful service offered is the status report which provides us with a snapshot of what appeals have been made and appeals outstanding throughout the life of the List. I would recommend Cooke & Arkwright Rating Services to any company wishing to procure up-to-date and professional rating advice.

Eirian Jones, Estates Team Leader, Newport Norse