Students in Cardiff have access to some of the best higher education in all of Wales, with several institutions that cater to a wide variety of learning methods and academic endeavours, including Cardiff University, the University of South Wales, and Cardiff Metropolitan University. This is bolstered by an academic community that is passionate about the research they do, and this passion has been rewarded. It has recently been revealed that Cardiff University will become home to a centre for dementia research.
Cardiff University will be home to one of six new research centres opening in the UK. These centres will focus on research into the diagnosis and treatment of dementia. Cardiff University will receive a £13m investment from the UK’s Dementia Research Institute, with the potential for an extra £17m invested over the next five years. Along with this investment, up to 60 science researchers will be hired by the centre by 2022, injecting some further stimulus into the growing Cardiff job market.
This investment serves as the biggest investment Wales has ever received for study into dementia by the UK Dementia Research Institute.
The creation of six dementia research centres is part of a wider and aggressive £250m initiative funded by the Medical Research Council, Alzheimer’s Society and Alzheimer’s Research UK.
In recent years, Cardiff has seen rapid expansion, including the building of new office buildings, a new office scheme housing BBC Wales, news of a media campus, and more exciting plans in the works. The news coming from Cardiff University is further proof that the city is going from strength-to-strength, which means it will become a much more competitive housing market, especially in some of the more popular areas such as Cathays, Roath, Canton, and Cardiff Bay.
This is great news for landlords, people who are looking to sell their Cardiff property, potential first-time buyers, and for those interested in making a buy-to-let investment. If Cardiff continues this trend - and it shows no signs of stopping - then tenants and property buyers are going to become extremely interested in Cardiff property, and it’s possible that the new dementia centre could bring more students to the Welsh capital, meaning more rental properties will be needed on the market, which Cardiff Council has noticed.
Whether you’re a landlord looking to rent out your property, or a Cardiff resident looking to sell their property, we can help! The team at CPS Homes estate and letting agents has the knowhow to get you the best deal possible, working in a way which is convenient for you. For more information, get in touch online, via email at firstname.lastname@example.org, or by popping into one of our three Cardiff branches.