Auctions
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Average sale price at auction fell by 10.8% in 2023
Number of properties sold rose 13.% but total raised increased just 1.1%
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Shopping centres to fill the basket at Allsop commercial sale
Four shopping centres are being offered at guide prices averaging £2.8m-plus
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Auctions can help cash-strapped councils
COMMENT Sale prices achieved at auction are incontrovertibly the best that can be achieved
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Savills raises £71m from record-breaking auction catalogue
The sale achieved a success rate of 74%, with 13 lots selling for more than £1m
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Birmingham City Council puts more properties under the hammer
Council effectively declared bankruptcy last autumn
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Nottingham retail parade among top lots at February Acuitus sale
The fully-let city-centre asset sold for £2.12m
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Allsop raises £51m from latest residential sale
The auctioneer sold 260 lots with a success rate of 85%
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London retail park top seller at Allsop auction
The company raised £47m from 52 lots at its first 2024 commercial auction
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Savills raises £25m at second auction of the year
Strong demand for lower-value, high-yielding commercial investments and prime central London flats
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Acuitus commercial auction focuses on Nottingham assets
The auction house’s first 2024 commercial property sale has 35 UK lots in total
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Allsop sets the bar high at first sale of the year
Auctioneer sold 126 lots
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Savills raises £47m from inaugural January auction
The sale achived a 78% success rate, with 160 lots sold