Admiral plans move to new city centre offices in Newport

Leading motor insurance company brings boost to Welsh city

Article posted: 13 Jan 2012

Admiral Group yesterday announced provisional plans to take a 20-year lease on a new building comprising 77,000 sq ft of office space in Newport city centre as part of its continued commitment to south Wales. The company anticipates the building will be ready for occupation by the end of 2013 and will be able to accommodate up to 1,200 members of staff.

The new development will form part of Scarborough Development Group’s redeveloped Cambrian Centre in Queensway, opposite Newport train station. The building’s excellent train and bus links, together with the number of local car parks were major factors in Admiral’s decision to take space there.

Huw Llewellyn, head of property for Admiral Group, said, “Since we opened our first office in Newport in 2008 it has been a great success. We are committed to the city and hope to grow our operation there. The new location in Queensway should be much better for our current employees and any future new recruits in Newport. As well as great transport links they will have access to all the amenities and facilities of Newport city centre.”

Admiral employs 450 people in Newport, currently based in two offices at Langstone Business Park and moving to the new location gives Admiral the chance to grow should the company need to.

Newport City Council leader, Councillor Matthew Evans, said: “This announcement is a great start to the new year and also a wonderful boost to the physical regeneration of Newport’s city centre. “I am absolutely delighted they see Newport as an ideal location in which to expand. This will create jobs in the city and much needed employment opportunities for local people.

“It is a positive acknowledgement by Wales’ only FTSE 100 company that Newport is the right destination for them to grow and expand their business and they will have access to a talented and motivated pool of workers.”

In June last year Admiral got the green light for the development of new headquarter offices in Cardiff. The prestigious 220,000 sq ft building will house up to 3,000 workers on completion in 2014. The firm also operates out of office space in Swansea.

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Posted by Sara