Wales Property NewsAll the latest property news from Cardiff, Swansea, Newport, Wrexham and throughout Wales.
Conygar has written off its £4.8m investment in Pembroke Dock in Wales after increased construction costs made the marina development project unviable.
Legal & General Investment Management Real Assets has backed Aston Martin’s new manufacturing facility in South Wales.
Claims made by private sector landlords to repossess properties in Wales have fallen by 26% over the past two years.
The sale of Friars Walk shopping centre in Newport, Wales, to Canadian property management firm Talisker Corporation is back on at a heavily reduced price after negotiations broke down earlier this year.
Mace Developments has secured planning permission for a £75m student accommodation scheme in Cardiff.
The latest phase of Cardiff University’s £300m Innovation Campus has been approved by city planners.
The Cardiff office of Cushman & Wakefield has secured two successive lettings at Kenfig Industrial Estate in Port Talbot to Clarity Copiers Glamorgan and SED Conveyors.
Dalata Hotel Group has bought Rush (Central), which holds the freehold interest of the Clayton Hotel in Cardiff, for £24m.
WELSH PROPERTY FEATURES
Despite reassurances from UK government, the looming loss of EU funding is dampening the industrial market.
Cardiff’s office market has received a boost from a new UK government requirement that could total as much as 465,000 sq ft in the city, as part of plans to develop regional hubs.