Local authority needs to raise £750m from asset sales
Eight of the nine lots put up for sale by the troubled city council sold
COMMENT Private investors are turning to auctions for asset supply and transaction speed benefits
Agent sold 155 lots, reflecting 86% success rate
Totals raised so far this year are 60% up on 2023
May auction raises £14.5m
Kent lot attracted 217 bids at most recent Clive Emson sale
Bar Italia premises in Soho withdrawn prior to sale for second time this year
A freehold property with a £2.4m price tag is up for grabs
The council is offering 11 lots at the company’s next sale
Agent raises £43m at monthly auction