■ Supply has continued to fall in the market after strong levels of take-up, and is at its lowest level currently since 2007. Supply constraints in the market are set to continue in 2018 as there is a limited amount of space being speculatively developed.

■ Prime rents have remained at £25 per sq ft and we don’t expect a rise in 2018 due to the lack of new Grade A space available in the market.

■ The investment market also experienced a record year of activity with investment volumes reaching £305m in 2017. This has been caused by large lot size sales at Central Square. Prime yields have fallen to 5.5% which highlights investor interest in the Cardiff market.

^{▲ Ardstone's 2 Kingsway, above, currently provides 31,000 sq ft of comprehensively refurbished Grade A office space. Savills have recently moved into the building.}