Wales Property NewsAll the latest property news from Cardiff, Swansea, Newport, Wrexham and throughout Wales.
A £160m pumped storage facility in North Wales, which is listed as a nationally significant infrastructure project has been granted a development consent order by the Secretary of State for Business, Energy & Industrial Strategy.
Helical has secured a series of lease extensions and regears at the Morgan Quarters shopping arcade in Cardiff.
The Welsh Government has signed deal with developers for the for three new housing developments on the last remaining available residential sites of its flagship Swansea Waterfront development.
Lingerie retailer Bravissimo has announced plans to open a 3,978 sq ft regional flagship at the St David’s shopping centre in Cardiff.
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.
WELSH PROPERTY FEATURES
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 is experiencing a development boom at the moment, largely as a result of strong growth at the city’s two universities.