16   August,   2017

DTZ Investors sells Brickyards Industrial Estate to Cardiff University

DTZ Investors have completed the sale to Cardiff University of the freehold interest in a 2.6 acre site at Brickyards Industrial Estate, Cardiff, for £4.15m, reflecting £1.6m per acre.  The property comprised 35,908 sq ft of former industrial units arranged across three terraces and a stand-alone unit. It was sold with vacant possession. 

The sale realised a significant marriage value by combining ownership for the University with the existing students halls and sports complex adjoining the site.

Cooke and Arkwright acted on behalf of DTZ Investors.