Trade Street Gardens,
Cardiff

Overview

Icon for Sector

Sector

Residential
Icon for Purchase Date

Purchase Date

January 2021
Icon for Purchase Price

Purchase Price

£3.6m
Icon for GDV

GDV

£65.0m
Icon for Fund

Fund

Fiera Real Estate
Opportunity Fund V
We are delighted to be a part of Cardiff’s regeneration programme and bring much needed rental housing to the city. We are actively seeking similar sites in major urban locations.
Image of Chris Button
Chris Button
Head of Investment Management

Property Company

Features

  • Brownfield regeneration of former office buildings on 0.9 acre site located on Trade Street in the south of Cardiff City Centre
  • Business plan to deliver 245 rental homes, commercial units at lower levels and a new landscaped public realm

Purchase Rationale

  • The site forms part of The Embankment masterplan which is a major mixed use regeneration scheme and is seen as central to the City’s plans to connect the City Centre with the increasingly popular Cardiff Bay area
  • Trade Street is identified as the key pedestrian access route south from the city centre
  • Cardiff is a rapidly growing, young university city which is becoming increasingly popular for investors in the BTR sector due to its economy, connectivity and demographics

ESG

  • Fully electric scheme
  • Photovoltaic panels at roof level

Location

  • Suffolk House, Trade Street, Cvardiff, CF10 5DT

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