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Wales Property News

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

GVA Llanberis

Green light for £160m Welsh pumped storage facility

8 March 2017

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. 

Morgan Quarters

Morgan Quarters sees string of lettings

8 February 2017

Helical has secured a series of lease extensions and regears at the Morgan Quarters shopping arcade in Cardiff.

Welsh Gov SA1 Swansea

Welsh Govt seals final deals for Swansea housing programme

2 February 2017

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.

bravissimo

Bravissimo to open Welsh flagship

30 January 2017

Lingerie retailer Bravissimo has announced plans to open a 3,978 sq ft regional flagship at the St David’s shopping centre in Cardiff.

Robert Ware

Conygar writes off Pembroke Dock investment

16 December 2016

Conygar has written off its £4.8m investment in Pembroke Dock in Wales after increased construction costs made the marina development project unviable.

Aston Martin's new production facility in St Athan, South Wales

L&G backs Aston Martin’s first Welsh production facility

14 December 2016

Legal & General Investment Management Real Assets has backed Aston Martin’s new manufacturing facility in South Wales.

Welsh housing

Repossessions by private landlords in Wales down by 26%

14 December 2016

Claims made by private sector landlords to repossess properties in Wales have fallen by 26% over the past two years.

Friars Walk shopping centre, Newport, Wales

Sale of Friars Walk back on at heavily discounted price

24 November 2016

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.

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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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