The IPD UK Retail Property Auction Index rose by 10.9% in 2014 as shops sold at auction outperformed the wider retail sector.
The index, which measures the prices of retail property selling at auction, outperformed the IPD UK Monthly Shops Index by 4.5 percentage points. RPAI is produced by MSCI in conjunction with Acuitus and has been measuring quarterly capital value changes since 2003.
Acuitus auctioneer Richard Auterac said: “This is an indicator of a sector shaking off the uncertainty that has dogged it for the past six years and is now moving forward.”
