Auctions
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SVA peddles Sustrans sites at upcoming auction
The firm will offer two parcels of land owned by the custodian of the UK’s National Cycle Network
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Former Methodist church on the block at next Bond Wolfe sale
The former Sparkhill Methodist Church in Birmingham has excellent redevelopment potential
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Savills reveals second November catalogue
24 November sale will offer more than 180 lots
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Savills’ early November auction shows competition still evident in the room
The firm raised £28m from its 8 November sale, taking its total for the year to £390m
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Allsop raises £32.5m at residential auction
Highest value lot sold for an undisclosed sum in excess of £2.75m+
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Fund sheds logistics asset in Allsop commercial sale
Auctioneer’s success rate dips to 2008 level
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Bond Wolfe sells 76% despite UK economic woe
The auctioneer’s 27 October sale raised more than £15.6m, with a 76% success rate
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Larger lot sizes lead to 19% increase in commercial auction revenue
The total raised from commercial auctions rose to £341.2m for July-September
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Commercial auctions are a portal to liquidity
COMMENT Property auctions are well insulated from the overall market turmoil, says George Walker
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The residential auction market is a safe harbour in today’s economic storms
COMMENT “The auction market is safe as long as we continue to deliver what we are good at”
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Savills’ October auction secures £36.5m
Sale brings firm’s value of property sold this year to £360m
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SDL Property Auctions raises more than £20m in its September sales
The firm’s national sale raised £9.6m, with single-lot online auctions adding a further £12m