What should Topland Estates do with Cardiff's Capital Tower?

There's no disputing that it is a landmark building but it is tired, worn and Admiral which occupy the lion's share of space in the tower, are due to vacate for it's shiny new headquarters (£) in under three years. So why would you buy a building where the triple A covenant is about to leave?

Local agents are in two minds. Some think (probably hope) that Admiral will stay in the building as the insurer continues to expand. However, industry experts say that the insurance market is now slowing and expansion plans at Admiral have become more modest than they were.

So, that leaves letting the space. Here, the agents are split. Some, such as Peter Graham, director at Stephenson Alexander, think it would be a long hard slog to let the building floor by floor. Others such as Mark Sutton at Knight Frank, believe that's where the market is. Both agree that finding a single occupier for up to 80,000 sq ft would be a tall order in the current market.

But, with Topland Estates currently looking to retain an agent for the building nobody is prepared to rule it out and potentially talk themselves out of a juicy commission.