In a deal brokered by Cooke & Arkwright, Cardiff University has leased almost 14,500 sq ft at Deri House in Park Grove, Cardiff. The university is to move three of its administrative divisions to the new premises from their existing accommodation at various sites in Park Place.
The Public Relations & Communications, the International Development and the Development & Alumni Relations Divisions are to relocate along with 130 staff in a rationalisation of their services. The three divisions already work closely together and will be brought under one roof at Deri House. A full refurbishment and fit out is being carried out by the landlord, Deri Holdings Limited.
Sandra Elliott, Director of the International Development Division at Cardiff University said, “The new premises allow us to consolidate the three divisions at the same time as releasing space in the University at Park Place, where we are expanding our research centres in the School of Social Sciences, and to provide more space for our Information Services Division.”
Deri House became vacant after the previous occupier, the Wales Audit Office, amalgamated two of its offices and relocated to Cathedral Road. Andrew Gardner of Cooke & Arkwright said, “Deri House was convenient for the University as it is close to its other buildings in Park Place and fits within its portfolio footprint of around 300 buildings, spread between Newport Road and the University Hospital of Wales. The property needed upgrading and adapting to suit the University and we enjoyed a positive rapport with the landlord Deri Holdings to achieve this. Work is well under way and is expected to take five months.”
James Henton for the landlord said, “We are very pleased to have secured the University as a replacement tenant so soon after Wales Audit Office’s leases ended. We feel that the works currently being carried out will ensure that the building suits their operational needs well into the future.”
Cooke & Arkwright brokered the new lease jointly with Henton’s Commercial who advised the landlord.
Pictured, l to r: Sandra Elliott, Dir International Development Division, Cardiff University; Andrew Gardner, Cooke & Arkwright; James Henton and William Henton, Hentons Commercial; Jim Atkinson, Cardiff University Estates.