The Cardiff Capital Region provides clear cost advantages with competitive property costs in comparison with other major UK cities.
The last decade has seen Cardiff’s city centre transformed with a steady supply of high quality office and retail development. Significant new developments include the Capital Quarter and the prestigious Central Square with the new BBC HQ located at its heart.
Commercial property costs in Cardiff are around 40% of that in London.
We’ve invested in our new HQ in Central Square and that’s been the trigger for a wider regeneration around that central part of Cardiff delivering around £1.1 billion of added economic value and 1,900 jobs. To be at the heart of the creative industries in this part of Cardiff is a fantastic opportunity for us to be closer to our partners and more accessible to the public.
— Gareth Powell, Chief Operating Officer, BBC Cymru Wales
Cardiff is a low risk, high reward location.
Unlike most cities in the UK, Cardiff has high quality sites and grade A office space in the ownership of the private and public sector, both in the city centre and at city edge locations such as Cardiff Gate and St Mellons where plans for a new Parkway station are underway.