■ Despite a quiet third quarter, office investment in Cardiff reached £83m at end Q3 2016, 28% above the long term average for this stage in the year.
Cardiff will remain the key focus for investors in South Wales post-Brexit
■ Take-up in the Cardiff market has performed strongly, reaching 478,173 sq ft at the end of the third quarter, 34% above the long term average of 355,962 sq ft for this point in the year.
■ Availability within the Cardiff city centre market has fallen by 13% from 1.5m sq ft to only 1.3m sq ft at the end of the third quarter.
■ With rents increasing to £25 per sq ft in the city centre, opportunities exist for rental growth in the Grade B market, particularly where good quality refurbishments have taken place.
.png "St Patricks House")
▲ With a shortage of grade A supply, good quality refurbishments, including St Patrick's House, above, will cater for demand for larger office space during the first half of 2017.
