A new £50m fund to support commercial real estate developments in the Cardiff Capital Region has been launched.
The Strategic Premises Fund, from the £1.3bn City Deal for the region made up of the 10 local authorities of south-east Wales, will support regeneration, job creation and the acceleration of employment land schemes.
The fund is being managed by CBRE’s investment advisory team, part of CBRE Capital Advisors, which manages a number of other development funds across the UK, including the North West Evergreen Fund, the South Yorkshire Pension Fund and the Northern Ireland Investment Fund.