Cardiff Space Shortage Could Spur Development Boom in Newport

Western MailJune 16, 2005

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Summary


The shortage of office space in Cardiff could spur a development boom in Newport, according to one of the capital's leading property consultants.Stuart Hogg, who was the head of the Cardiff office of Chesterton and stayed with the business when it was acquired by Atisreal in March, has decided to launch his own business to capitalise on the changes in the market place.

Residential property prices have peaked and may decline, he believes, but he considers business property to be entering a dynamic new phase.

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Cardiff Space Shortage Could Spur Development Boom in Newport

He said, 'There's a real shortage of quality space [in Car...

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