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Wales
Welcome to the Wales property coverage at PropertyWeek.com, bringing you all the latest news and views from around the country including Cardiff, Swansea, Newport and Wrexham.Wales
Peacocks collapses into administration
Administrators have today been appointed to The Peacock Group in what is one of the biggest retailing collapses since Woolworths went into administration in 2008.
Green Deal to fall short, developers warn
Developers have warned the government that its flagship energy initiative is unlikely to deliver the change necessary for the UK to meet its emissions targets.
Queensberry in running for Friars Walk
Queensberry Real Estate has submitted a planning application for a 390,000 sq ft retail scheme in Newport, Gwent.
Council’s blinkered planning outlook will hold back Cardiff
Twelve-strong team to advise Welsh minister on review of system. Sarah Stewart reports
Q+A: Smart move in Cardiff
JR Smart, a 35-year-old south Wales-based property development company, completed the speculative 40,000 sq ft Driscoll Buildings in Cardiff in September. It let the office to utility infrastructure company Inexus during construction.
For and against: enterprise zones
Wales was the first to benefit from enterprise zones in the UK when Lower Swansea Valley was awarded reduced-rate status in 1981.
Conygar "stronger today than it was in 2008", says Ware
Conygar delivered solid annual results this morning.
Football-lovers pub chain plans 30-strong expansion
A North West pub company - catering for football-loving male drinkers - has secured a £5m warchest to buy up to 30 more locations, TheBusinessDesk.com reported today.
Conygar submits plans for £100m west Wales marina scheme
The Conygar Investment Company has submitted a planning application for a £100m marina development in Fishguard on the west coast of Wales.
Spaced Out
The UK’s industrial markets are still a tough environment. After a surge in 2010, occupier demand has fallen again in the first half of this year. Meanwhile, few developers feel confident enough to build speculatively, so the supply of new buildings has dwindled
Ed's Easy Diner to debut outside M25
Ed’s Easy Diner is to open its first restaurant outside the M25 at St David’s shopping centre in Cardiff.
Llangollen hotels up for sale
KPMG has appointed Colliers International to sell four freehold hotels in North Wales out of administration
Assembly told to speed up review
Planners have issued a warning to the Welsh government that its review into the planning system in Wales will create stagnation, unless its report is delivered earlier
Pradera follows Orchard St in Wales
Fund manager Pradera is poised to buy Cardiff Gate retail park for £38m
Orchard Street completes £54.5m Cardiff Bay retail park purchase
Orchard Street Investment Management has completed its acquisition of Cardiff Bay Retail Park for £54.5m, as revealed by Property Week (10/6/11).
Housebuilder consortium gets go-ahead for £230m Barry scheme
Plans for the £230m regeneration of Barry Waterfront near Cardiff have been given the green light by the Vale of Glamorgan Council.
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Baci Lingerie debut's at St David's
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South Wales office market ship comes in
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New Cardiff city office plan is Smart bet
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Wales follows England‘s lead on planning shake-up
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What happens next … at Newport’s Friar’s Walk
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St Modwen and Persimmon steeled to build homes in Newport and Neath
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Pontypridd's bargain lettings
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Developer’s Smart Cardiff buy
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Poundstretcher braves Lion Way
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Hansteen squeezes Cardiff’s Treforest industrial estate
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Llanelli Reels in tenants
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And finally … it’s a licky business
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Cath Kidston to open first store in Wales
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Multi spin off selected as prefered bidder for Newport Friars Walk
Wales data
DTZ Property Times: Cardiff - Q1 2010
"After a spate of larger deals in Q4, take-up fell back sharply to 32,000 sq ft in Q1, consisting entirely of secondary and tertiary transactions.
DTZ Property Times: Cardiff - Q4 2009
"The absorption of several large grade A floorplates and no newly marketed development completions meant that availability fell back in Q4 in the first significant drop since Q2 2008."
Wales analysis
Boris will be praying for a much less eventful Olympic year
A young reporter once asked then prime minister Harold Macmillan what the most difficult aspect of his job was.
Wales is open for business
Sir, Your article on south Wales led with a “closed for business” attack on the Welsh government and planning authorities
‘No hay, no pay’ has agents champing at the bit
As the Christmas music dies down, the words of George Michael live on. To be honest, if, last Christmas, he gave you his heart, this year it would be the liver, kidneys and all other organs as well.
INTELLIGENCE: Jones Lang LaSalle’s new year forecast
Jones Lang LaSalle’s annual property predictions paint a cautious picture of the year ahead and few chinks of light are expected to shine through. Here are the most notable findings:
Wales professional
Valuers, watch your step: hazards ahead
Lawyers predict rise in professional negligence claims. Sarah Townsend reports
People moves: Eric Young & Co, DTZ, Unite
Eric Young & Co appoint Simon Bashford, DTZ appoint Lauren Hanson, Unite Group appoint Manjit Wolstenholme
People moves: Savills, GVA, Collyer Bristow
Savills has appointed Ben Turtle as the first investment director in Northern Ireland and Adrian Willet as a director in its Midlands development team.
People Moves: Charlie Browne to DTZ, DP World, BTO Solicitors
Dorchester Ground Rent Management has appointed Linda Albinsson from Grays Inn Estates as legal co-ordinator.
