31 October 2022

Principality Building Society investment brings new apartments to Cardiff

Thanks to a £3.5m investment from Principality Building Society’s Commercial team, Igneous Ltd, a subsidiary of Cadwyn Housing Association, have welcomed new homeowners to their latest development in Cardiff.

The Wharf, which overlooks the historic East Bute Dock, compromises of thirty-five brand new 1,2 and 3-bedroom apartments and is located on the former Wharf Pub. The impressive and stylish apartments truly capture the ‘Cosmopolitan’ city life with a twist of its historical surrounding at Atlantic Wharf.

David Hayhoe, Deputy Interim Chief Exec of Cadwyn, said: “The apartments look fantastic; we are proud of this development. It has been brilliant to see people settling into their new homes.

“This development is yet another great example of collaborative work with local companies. We can’t thank Principality enough for their continued support. This first of its kind project for Igneous has proved successful and all profits made will be re-invested into social housing.”

Jan Quarrington, Senior Portfolio Manager, Affordable Housing, at Principality Building Society said, “As a local Welsh funder, we’re very proud to be helping to create these all-important homes and will continue to do so as we continue our strategy to provide better homes for everybody.”

Published: 31/10/2022