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RandomComment wrote:https://www.savills.co.uk/research_articles/229130/292227-0
According to Saville's the Ledger building won't commence until 50% is pre-let. Its a 250k building in total so that means letting 125k square feet - which is quite a lot in Cardiff (about 1/4 of usual annual lettings).
May be a while before we see much happen here, esp. given that the Interchange and John Street are both going ahead already.
Interesting read that.
I would had thought the Ledger be preferable for any business looking to relocate to Cardiff or even to upgrade office facilities. That's assuming the Interchange has been taken up by Legal and General. You'd think they would still go ahead with the multistory car park in the meantime, a guaranteed money winner right there. Am I right in saying the hoardings around that area are new?