On how many occasions in each of the last five years has the Welsh Government entered into head lease agreements where the property is intended to be sub-let to third parties giving details of the property, the lessor and the sub-lessee in each identified case?
The Welsh Government has acquired leases to four buildings intended to be sublet. These are:-11-20 Devon Place, Newport. 11,087 sq ft
Landlord: Seren Group Ltd
Tenants: Innovation Point Ltd, Interceptor Solutions Ltd, Wolfberry Cyber Ltd, Cardiff University - National Software Academy, Dell Corporation Ltd, J French Consultants, I Vat Ltd, Global Lifestyle Solutions - EMEA Ltd
This property was acquired with a view to establishing a centre that provides high quality accommodation for ICT and Digital Sector companies on flexible open market terms. It is fully occupied.
3 Assembly Square, Cardiff 12,489 sq ft
Landlord: Aviva Life & Pensions Ltd
Tenant: Life Science Hub Wales Limited (a Teckel company of Welsh Government supporting the life science sector) occupying 12,489 sq ft
Unit 1 Westfield Industrial Park, Waunarlwydd (104,000 sq ft)
Landlord: Garrison Barclay Estates Ltd
Tenant: Kancoat (in administration) Ltd (104,000 sq ft)
Cyrus Building (formerly Alfred Cook House) Canal Parade, Cardiff 43,432 sq ft
Landlord: The Council of the City & County of Cardiff
Tenant: Cyrus - RW Group Ltd 43,432 sq ft
This property was primarily acquired for redevelopment purposes but until plans have been finalised, it was intended to sublet the building.