Forsters advise on Cardiff Bay office expansion

Forsters has advised Tracemart, a subsidiary of professional information solutions provider, Reed Elsevier Group plc, in relation to its recent office expansion in Cardiff Bay.

Tracemart, which became part of LexisNexis Risk Solutions in March 2014, is one of the UK’s leading providers of consumer data, identity, risk and tracing solutions for a wide range of customers in sectors such as financial services, life and pension, collections, insurance and retail.

To accommodate its expanding workforce, Tracemart has increased its existing office space at Celtic Bay Business Park, entering into a 6 year lease of part of the Global Reach building.

Commercial Real Estate partner Glenn Dunn advised on the transaction, assisted by Tina Heathcote.