Mermaid Quay Cardiff Bay
Developed by Sovereign Land and funded by Schroder, Mermaid Quay (link is external) is one of Cardiff’s most popular leisure destinations. The successful mix of cafés, bars & restaurants plus supporting retail and services line draws tourists, residents and local office population alike.
Surrounded by heritage buildings and contemporary landmarks, the 140,000 sq ft Mermaid Quay opened in 1999 and has become a tourist attraction in its own right and one of the icons of a new Welsh confidence.
Sovereign Land asset management, which continued until 2014, improved tenant mix, income and value.