A shortage of office space in Cardiff may now lead to an influx of new developments in Newport according to Stuart Hogg, the former head of Chesterton in Cardiff.
With the residential property market tightening up, Hogg believes there is now a niche in the market for commercial property to be entering a dynamic new phase.
He said, "Theres a real shortage of quality space [in Cardiff city centre]. Its a great opportunity for Newport to be promoting itself."