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© 2024 a Reach plc subsidiary
Cardiff Capital Region
09:59, 20 DEC 2023
Microsoft focus on South Wales for £2.5bn investment in AI data centres
Tech
It has already confirmed data centre investment plans in Newport
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New occupiers sought for promised TVR sports car factory site in South Wales
Welsh Government
TVR had promised to create 200 jobs once production at the factory started.
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Vantastec acquires its headquarters as it looks to drive growth
Cardiff Capital Region
The firm has acquired the feehold interest in its 60,000 sq ft HQ Ystrad Mynach as well as adjoining properties
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Cardiff Capital Region launches new £6.6m programme to support key sectors
Cardiff Capital Region
There are three elements to the cluster development and growth programme which is being matchfunded by the UK Government's Shared Prosperity Fund
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Cardiff office schemes Hodge House and 2 Caspian Point boosted with new tenants
Commercial Property
Goldbeck Construction and Arcadis has committed to new offices in the city
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Plans for £6m crematorium serving Cardiff and Newport submitted
Enterprise
If approved the crematorium in Castleton will open in 2026
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Taxi tech firm Veezu invests in new Cardiff HQ as it looks to accelerate growth
Knight Frank
Veezu has invested in a new HQ at the Hodge House office scheme in the centre of Cardiff
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Totally Welsh expands with new dairy distribution hub in Cardiff
Enterprise
The hub is creating five new jobs but more are likely to be created
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Work under way on a major new business park in Merthyr
Commercial Property
The project has secured a £4m funding boost from the Welsh Government and the Development Bank of Wales
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Freelance platform Revolancer sees rise in users as it seeks new investment round boost
Startups
It's active users have surpassed 120,000
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Rolls-Royce in Cardiff hub plans as part of huge Australian nuclear submarine programme
Cardiff Capital Region
Chair of Great British Nuclear Simon Bowen has confirmed that the Rolls-Royce is in talks with Cardiff Council and other stakeholders
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Legal & General unveils new Welsh HQ in the centre of Cardiff
Cardiff Capital Region
Its new Calon building at Central Square will provide a new hybrid working environment for 2,500 staff in the city
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Cardiff Capital Region provides £9.7m loan for new hotel project in Newport
Cardiff Capital Region
The 146-bedroom Ty Newport Hotel has secured funding from the region's Strategic Premises Fund
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PR firm Working Word moves to new offices in Cardiff Bay on back of strong growth
Cardiff Capital Region
Working Word increased revenues to £2.2m in its last financial year
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Life sciences firm Cellesce exits Cardiff Medicentre for larger labs in the capital
Cardiff Capital Region
The firm which specialises in expanding organoids at scale has moved to Forest Farm Estate
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New £8m sporting campus in Cardiff unveiled
Cardiff Capital Region
The Llanrumney Sports Campus has been backed with HSBC with a £3.5m funding facility
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Eakin Healthcare expands in Cardiff with new distribution centre
Manufacturing
The investment takes its headcount in the centre to nearly 250
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Professional advisory firm PwC creating 1,000 new jobs in Wales
Pricewaterhousecoopers
The major expansion in Cardiff will focus on new digital and tech roles and will be created over the next five years.
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PwC understood to have identified new larger Cardiff HQ site for major expansion plans
property news
Space currently occupied by Motonovo Finance at 2 Central Square has emerged as the frontrunner
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Thousands of Tenby properties set for full-fibre broadband
Wales
Welsh telecoms provider Ogi is rolling out its high speed network to 5,000 properties in the west Wales town
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Former Roath library building in Cardiff is up for sale
Cardiff Capital Region
The freehold interest in the listed building is being marketed by property advisory firm EJ Hales
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Merthyr shopping centre sold in a multi-million-pound deal
property news
A shopping centre in Merthyr Tydfil has been acquired by commercial property and investment company Sheet Anchor in a multi-million-pound deal.
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Alacrity Foundation appoint Hannah Williams as its new chief executive
Cardiff Capital Region
She joins the Newport-based graduate entrepreneurship programme from Tiny Rebel
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The doubling of train services on a key South Wales railway route
Transport
The cost of improving the line has been financed by the Welsh Government despite being a UK Government responsibility
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