Wales’ largest independent commercial property advisory firm, Cooke & Arkwright, is celebrating 120-years in business as it reports being upbeat on its trading outlook.
Despite the challenges of the pandemic the Cardiff-based firm had seen another successful 12 months, building on the 25% growth it has achieved over the past four years.
Significant deals it has brokered in the last year have included the off-market investment acquisition of Cardiff Gate's motorway service station for £10m, the sale of two further phases of the Plasdwr residential development, both in Cardiff, and advising businesses on saving £5.75m of business rates for the 2020/21 period.
Cooke & Arkwright has also remained its status as retained agent for a number of high profile businesses in South Wales, including Burger King and Greggs, and has recently been appointed as retained agent for Parmer Cardiff Waterside, resuming a long and leading involvement in the Cardiff Bay office market.
The firm was also reappointed by The Crown Estate as managing agent of its coastal portfolio around Wales for a further five years, managing some of the country’s most important assets.
Mike Lawley, chairman of Cooke & Arkwright said: “We’re proud to be celebrating our 120th year as the largest firm of independent commercial property advisors in Wales, especially as we have been based and headquartered in Wales since we were founded in 1900.
“The property market in Wales has changed significantly and become much more sophisticated over this time. We are proud to have been involved in some truly landmark property projects, transactions and appointments over the years which have helped to shape our country as we know it.
" As we look forward, the Cooke & Arkwright team is as hungry today to serve clients well and win new work as we have ever been, and I am proud of how well everyone has performed during what has been one of the most challenging years in memory.”
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Andrew Gardner, managing director of Cooke & Arkwright added: “We have put significant proactive investment over the last three years into both technology and talent, and this has served us well in the unexpected turn of events in 2020.
"We have continued to recruit and grow our staff numbers despite the pandemic, with five new staff, including three new graduate surveyors, joining us in 2020.
“Although we operate across the 海角视频, Wales is the market in which we have worked and served for 120 years, and as a business owned and led by an experienced board of directors living and working here, our commitment to our clients and the Welsh property market is stronger than ever.
“As a result of new work streams and growing market share in some areas, we have increased turnover by 25% over the last four years. We expect 2021 to be another very busy year across all markets, but also an exciting one with new opportunities.
“As we move into a post-pandemic, post Brexit world where the only certainty is that things will be different, this is a great challenge to have. Our aim is to continue our growth, continue to provide clients with a wide and full range of property services, and continue to invest in our business and our people.”