Cardiff Bay, Mermaid Quay

Developed by Sovereign Land and funded by Schroders, Mermaid Quay is one of Cardiff’s most popular leisure destinations.
  • The successful mix of cafés, bars & restaurants plus supporting retail and services draws tourists, residents and local office population alike.

Business Plan & Achievements

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.