Cardiff has been named the third best potential office location in the country outside London in a list of 100 towns and cities across the UK.
In research carried out for the Property Week publication by location experts CACI, the Welsh capital scored highly in eight different areas such as size and demographic of the workforce, public transport, the quality of its road network, quality of shops in the city and wi-fi speed.
Brighton topped the Property Week Hot 100 Office Index 2017, with Edinburgh in second and Cardiff in third. Other locations in the top ten included Bristol, Manchester and Leeds.
Property Week said Cardiff’s demographic was varied, with a wide spread of high, medium and low income workers and highlighted the city’s very strong retail and food and beverage sectors, which both received the top A grade in the CACI research.
CACI assessed a total of 373 locations in the UK. The only other Welsh location in the top 100 was Swansea which was ranked in 69th position.
Ken Poole, Head of Economic Development at the City of Cardiff Council, was delighted by Cardiff’s top three position in the office hotspot list.
“This is fantastic news for Cardiff and cements even further our reputation as a great place to do business.
“Businesses looking at potential locations in the UK will take heed of independent research like this and that can only be a very good thing for Cardiff.”
“The Central Square Regeneration Scheme is rapidly taking shape with the success of both No. 1 and No. 2 Central Square attracting a wide range of tenants and showing that Cardiff is an office location.
“In addition to this, the success of the Capital Quarter Development has seen existing businesses and new investors take up space in this Grade A office complex.”