Cardiff industrial vacancies hit 10-year high, but sales volumes soar

The shutdown of two major industrial facilities in the Cardiff market has propelled vacancy rates to 7%, the highest level since 2014. The rise was driven by the closure of Bridgend's 1.8 million-square-foot Ford engine plant and Wilko’s 900,000-square-foot distribution centre in Newport. Vacancies in Bridgend have now risen to more than 19%, one of the highest in the UK.