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Guide to renting a serviced office in Cardiff

by Yuri Brixenmortar 8. May 2013 12:11

It may be a long way from London, but Cardiff has stood in for the UK capital many times on the nation’s TV screens thanks to the BBC series Dr. Who. Cardiff’s clean, modern cityscape has won many fans - not just in the living rooms, but among investors too.

Indeed, the TV show has become a driving force in the Cardiff economy, boosting the city’s profile as well as its income and tourist appeal. Now, the capital city may only account for 10 per cent of the national population but its economy is worth double that of Welsh GDP, while 40 per cent of the city’s workforce travel in daily from around the country.

Cardiff’s industrial boom revolved around its docks in Tiger Bay, which was once the busiest pot in the world. Over the years, that profile has changed into a business and finance hub. Service companies, include education, health, and administration, have swarmed into the city’s commercial property, pushing up occupancy rates of Cardiff offices.

In 2008, fDi magazine ranked the city as number seven in Europea’s top 50 Cities of the Future. It achieved an equally high ranking for foreign investment too - a sign of the wide range of interest the redeveloped city has generated.

Companies as varied as HBOS, Admiral Insurance, HBOS, British Gas, The AA and BT all have regional or national headquarters in Cardiff, with demand particularly high for office towers such as Capital Tower and Brunel House.

The regeneration of Cardiff’s commercial property sector has even extended to retail, with St. David’S Centre completed in 2009 to provide 1,400,000 square feet of shopping space - one of the UK’s largest shopping malls. With an increasing number of businesses taking advantage of the thriving retail and employment sectors, including a strong hotel industry, it is no wonder that office space is still being sought-after.

Indeed, in the media world, BBC Wales, ITV Wales and S4C now all have major studios based in Cardiff. And with Dr Who continuing to boost interest even further every year, Cardiff is increasingly becoming a household name - not just in Britain but further abroad.

 For more information on Cardiff and serviced offices around the world, visit www.servicedofficesolutions.com

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