Price Waterhouse Coopers has entered the Cardiff office market with a 3,700 sq m (40,000 sq ft) requirement.
Coopers & Lybrand and Price Waterhouse merged earlier this year to form Price Waterhouse Coopers (PWC). The firm is looking to consolidate its two offices in the city, and is looking at a move to either Cardiff Bay or an out-of-town office park. One possibility is the uncommitted half of the site that Grosvenor Waterside has given to the Welsh Office for the new National Assembly for Wales.
PWC is currently based in the old Coopers accommodation at Churchill House on Churchill Way and the former Price Waterhouse premises at Haywood House in Dumfries Place. Both are in the traditional Cardiff city centre office core.
The lease on Churchill House is thought to expire next year, hence the opportunity to take new space, but PWC is believed to have over 15 years left to run on its lease on Haywood House.
PWC is unrepresented.
EGi News 04/08/98