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Cardiff Capital Region
14:08, 10 FEB 2023
Over 300 new homes planned for Cardiff
Housing
The homes will be built by Taff Housing as part of a £30m investment to build more affordable homes in the city
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Office take-up in Cardiff rebounds to pre-pandemic levels
Commercial Property
Knight Frank is forecasting that the headline rent in the city this year will reach more than £30 per sq ft
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Cardiff a desirable market for leisure operators and investors - report
Leisure & Touism
Leisure attractions such as Gareth Bale's Par 59 and Flight Club are helping to revitalise the city centre
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Queens Arcade in the centre of Cardiff in property receivership
Retail & High Street
The retail scheme has been hit by falling footfall and rental income but a new mixed-use development remains the plan
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Swansea will fare marginally better than Cardiff as º£½ÇÊÓÆµ emerges from recession claims report
Economy
New research from Irwin Mitchell predicts Swansea will return to growth slightly faster than Cardiff in Q4 of 2023
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Social media agency Populate Social bought by national marketing firm
Deals
The company was bought by Mission Group, a º£½ÇÊÓÆµ-wide collective of creative agencies
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Cardiff Airport in regional freeport bid
Cardiff Capital Region
The airport forms part of a multsite freeport bid from Newport City Council
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New £50m equity fund to support the scale-up of firms in the Cardiff Capital Region launches
Cardiff Capital Region
The fund will make equity investments from £2m to £7m
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Caerphilly plastics firm eyes expansion following £1.7m Cardiff Capital Region investment
Cardiff Capital Region
Pulse Plastics Limited is the first business to secure funding from the CCR's Strategic Premises Fund which it launched in January
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Cardiff space firm wins six-figure contract with º£½ÇÊÓÆµ's Ministry of Defence
Ministry of Defence
SmallSpark Space Systems will look to optimise rocket engine performance through Artificial Intelligence
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Cardiff agency Spindogs on track for £4m turnover following acquisition
Deals
Spindogs has bought United Studios in Newport, Pembrokeshire for an undisclosed sum
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Plans for £120m new train station and business district in Cardiff called in by Welsh Government
Welsh Government
It comes despite the Welsh Government having an ownership stake in the Cardiff Parkway Station and Hendre Lakes business park scheme
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Cardiff University's massive impact on º£½ÇÊÓÆµ economy revealed
Economy
The university has 33,000 students and almost 7,000 staff
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£50m Welsh media fund to "triple productivity growth" in five years
Cardiff Capital Region
Media Cymru aims to create more than 2,000 jobs and over £200m GVA
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Resin manufacturer Purolite triples production capacity at its Llantrisant plant
Cardiff Capital Region
The US-owned firm is also recruiting for a further 80 plus staff
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Latest phase of 7,000 new home development in Cardiff underway
property news
Redrow confirmed that construction has started on phase three of the development
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Wales' first exotic animal vet practice opens following six-figure backing
Wales
The Cardiff practice employs seven staff and offers vet services solely for exotic animals, rabbits and small mammals
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Itec opens new premises at Eastgate House on Cardiff's Newport Road
Skills and Apprenticeships
The training provider recorded a turnover of £12m in July 2021
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The latest equity deals in Wales and a £50m fund for the Cardiff Capital Region
Banking & Finance
Deals include a £12m equity fund for carbon emissions monitoring technology firm QLM
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Cardiff economy thriving but lags on high wage employment says report
Economy
The Welsh capital is leading on GDP per capita but falling behind the º£½ÇÊÓÆµ and London on average earnings
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FinTech Wales launches third accelerator programme
Cardiff Capital Region
Start-up firms from banking, insurance, financial services, and FinTech are encouraged to apply
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The new £50m equity fund for the Cardiff Capital Region
Cardiff Capital Region
The fund will be launched in October and managed by PwC who are confident of securing co-investment to take it to £100m.
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Cardiff business centre opens after million pound makeover
Offices
It is owned by Cardiff-headquartered property management group WCR Space
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Pettigrew Bakeries to expand brand following merger with fellow Cardiff artisan bakery
Deals
The much loved bakery - which operates well-known Pettigrew Tearooms in Bute Park - has merged with Friends in Knead
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