High-value lot helps Allsop total £61.9m from 2 November sale
Figures from EIG show there is a lot of cash in the market looking for a home
City and West End office requirements surge as summer quells Covid uncertainty
Moratorium extension fails to dampen spirits of investors in June sales
The building has planning permission for change of use to residential
Agents hopeful of strong second half as investment activity returns
COMMENT “We are finally seeing buyers and sellers align, giving the market a new dynamism”
The Israeli company is behind Allsop’s largest lot sold at digital auction
The sale helped to push Allsop’s total to £40.6m – a 30% increase on last year
The lot was sold prior to the 9 December sale at a 4.5% yield
The sector awaits its fate, but freehold owners will oppose an outright value grab
Leigh Day will become the primary occupier in the 52,000 sq ft development in Clerkenwell