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Wales Property News

All the latest property news from Cardiff, Swansea, Newport, Wrexham and throughout Wales.

Johnsey Mamhilad

Johnsey makes brownfield plans for Mamhilad

3 July 2017

A major development planned for a former brownfield site between Pontypool and Abergavenny has taken a step closer with the submission of an outline planning application by Johnsey Estates UK.

St Davids Bravissimo

Bravissimo for St David's with new flagship signing

29 June 2017

The St David’s Partnership has announced that lingerie retailer Bravissimo has launched a regional flagship store at its St David’s Centre in Cardiff.

Merthyr Cyfarthfa Retail Park Hammerson

Wales welcomes Oak Furniture Land at Cyfarthfa Retail Park

28 June 2017

Hammerson has signed Oak Furniture Land a first store to open at Cyfarthfa Retail Park in Merthyr Tydfil.

Cardiff StadiumPlaza

Naissance moves into Millenium with Cardiff Stadium Plaza acquisition

28 June 2017

Naissance Capital Real Estate has completed the £20.5m off-market purchase of the Stadium Plaza building in Cardiff.

Cording Wales

Cording acquires Welsh portfolio

19 June 2017

Investment and asset management firm Cording Real Estate Group has acquired a portfolio of predominantly industrial properties in Wales for £33.4m, reflecting a net initial yield of 8.5%.

Park Central, Chelmsford

Waypoint acquires raft of UK retail assets

14 June 2017

Waypoint Asset Management has recently acquired £19m of UK retail assets on behalf of an institutional client, taking its total funds invested in the first half of 2017 to £47m.

Swansea high street

Edinburgh House makes Welsh acquisition

12 June 2017

Edinburgh House has completed on the purchase of a prime high street retail block in Swansea for £18m, at a net initial yield of 9.5%.

Friars Walk, Newport

Talisker acquires Friars Walk

12 June 2017

Canadian investment company Talisker Corporation has completed its acquisition of the 390,000 sq ft Friars Walk shopping centre in Newport from Queensberry.

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WELSH PROPERTY FEATURES

Cardiff

Is Cardiff set for another year of record office take-up?

Central Square has been at the centre of the Cardiff success story. Now, the Government Property Unit (GPU) is expected to take a pre-let on 300,000 sq ft at 3 Central Square in a deal that could lead to another record year in terms of office take-up for the city - if, that is, there is sufficient space left to satisfy rapidly growing demand. The problem is that there is not.

Swansea Central

Growing student numbers spark development boom in Swansea

Swansea is experiencing a development boom at the moment, largely as a result of strong growth at the city’s two universities.

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