Contact the Capital Investment team for more details about this opportunity

Opportunity Cardiff Edge Life Sciences Park

As part of a 3 phase project, developers of the Cardiff Edge Life Sciences Park are seeking investment of 85 million GBP to deliver over 40,000 square meters (400,000 square feet) of accommodation.

Phase 1 consists of 20,000 square metres (200,000 square feet) of Grade A office and research and development / laboratory space to support the life science sector. The site is anchored by GE Healthcare as existing tenant and located in an area of high demand for this type of accommodation.

Contact the Capital Investment team for more details about this opportunity.

Artist impression of the Cardiff Edge Life Sciences Park with seating, trees and people outside the building
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Location

Cardiff

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Project promoter

Garrison Barclay Estates

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Scale

£130 million GDV

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Sector

Commercial, Life sciences, Research and development

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Investment type

Development funder, equity partner or investor

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Planning status

Local plan compliant

A map showing the location of Cardiff and the major road and rail links to Bristol, Birmingham and London

Project background

The Welsh government has prioritised the life sciences sector. This investment makes Wales even more attractive for those looking to work in a cluster and with the University Hospital of Wales in Cardiff. 

The Cardiff City region has a thriving, research driven life sciences sector. Global companies already based near Cardiff include Norgine, Biomet, GE Healthcare and Covatec. The region is also home to top 5 diagnostic companies, including Ortho Clinical Diagnostics, the Welsh Wound Innovation Centre and ReNeuron. 

This success means that there is a lack of space for start ups. Cardiff Edge Life Sciences Park is an important resource that will provide opportunities for more businesses in this sector.

About the project

With direct access to the M4 motorway, the site is superbly connected to existing businesses and universities in Cardiff as well as other cities, including London and Bristol. 

The 30 acre site is an existing business park suitable for redevelopment, intensification and expansion. The new scheme will be anchored by the former site owner, now site lessee, GE Healthcare. Their significant on site operation will help to attract other life science businesses. 

Although the site focuses on the life sciences sector, the proposed high quality business park will meet the needs of other high value sectors, including fintech, cyber security analytics, AI, and sustainable energy.

Promoters and partnerships

Garrison Barclay Estates is a local developer active in the South Wales property market. 

This project and its focus on the life-sciences sector is strongly supported by the Welsh government and Cardiff City Council, with potential support from the Cardiff Capital Region City Deal who are likely to facilitate links with local universities.

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