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CBRE exit boosts market leaders

Allsop Commercial and Acuitus have increased their dominance over the commercial auction market.

As well as being the highest grossing auctioneer for 2014, Allsop Commercial posted a 38% increase on last year’s £379m total, raising 52% of the total market share – £524m.

Acuitus also saw a 36% increase on last year’s £176m raised, posting a total of £241m.

Following CBRE’s withdrawal from the auctions market in May, Acuitus’s market share was boosted to 24%.

Barnett Ross jumped from fourth to third place with a total of £64.5m, despite total sales dropping by 10% – down from last year’s total of £71m.

On average, commercial houses celebrated an 81% success rate and raised more than £1bn – a 17% improvement on 2013. 

Osborne King achieved the highest success rate of the year, with 98.2%.

It moved up the table by one place from eighth to ninth with totals of £14m, a staggering 125% hike on last year’s takings of £7.8m.

Rank 2014(13) Auctioneer Total raised
1 (1) Allsop Commercial £524.1m
2 (2) Acuitus £241.4m
3 (4) Barnett Ross £64.5m
4 (5) Pugh & Company £62m
5 (6) Lambert Smith Hampton £48.4m
6 (3) CBRE £23.3m
7 (8) Eddisons London £17.6m
8 (9) Osborne King £14m
9 (7) Roger Hannah Auctions £11.4m

amber.rolt@estatesgazette.com

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