Historic Birmingham pub leads Bond Wolfe’s September auction
A Victorian pub at the heart of Birmingham city centre’s professional services sector is the flagship lot at Bond Wolfe’s upcoming auction.
Doncaster block of 55 flats for £3.1m leads upcoming Savills auction
A block of 55 flats in Doncaster leads Savills’ September auction at a guide price of £3.1m.
Allsop raises £46m at largest-ever August residential auction
Allsop raised £46m from the sale of 157 lots at its August auction, making it the largest-ever residential auction to be held in the country in August.
Dudley office and retail development sells for £2.72m at Savills auction
The highest selling commercial lot in Savills’ latest auction on 18 July went for almost 10% above its guide price, selling for £2.72m.
Record number of properties sold via auction Q2
Estate agents sold a record number of properties via auction during April to June, according to a report by proptech and auction specialist iamproperty.
London residential airspace development opportunity among Strettons July auction lots
An airspace development opportunity in London is set to go under the hammer tomorrow at Strettons’ national property auction.
Acuitus’s July commercial property auction raises £22.97m
A children’s nursery in Ely was among the investment opportunities sold at Acuitus’s July commercial property auction, which raised £22.97m.
Savills July auction offers east London development opportunity
A pair of neighbouring east London sites with potential to be combined in a larger development will be offered for sale for a total of £4.2m at Savills’ upcoming July 18 auction.
Murphy appointed as director of Savills Auctions
Gary Murphy, founder of Allsop’s residential auctions team 37 years ago, has been appointed director of Savills Auctions.
Acuitus’ unveils biggest catalogue so far this year for July auction
Acuitus will offer its largest catalogue of the year to date at is next commercial property auction on 13 July, with 54 lots, nearly a quarter of which have guide prices in excess of £1m.
Savills hits £260m in auction sales at halfway point of the year
Savills’ seventh auction of the year on June 21 raised more than £33.6m from the sale of 101 lots, achieving a 70% success rate.
Former Swansea nightclub leads Paul Fosh sale
A former nightclub in Swansea, south Wales, guided at £625,000 will be one of the star lots at Paul Fosh Auctions’ next sale, on 20 June.
Allsop’s releases 218-lot-strong catalogue for next in-person auction
Allsop’s has launched the catalagoue for its June 22 residential auction, its second in-person sale since 2020, featuring 218 lots, 21 of of which have a guide price of £1m-plus.
Trio of recruits join Savills Auctions
Savills Auctions has boosted its team with a trio of appointments with expertise across the commercial sector including in offices, hotels, restaurants, residential blocks and land.
Range of London residential properties flogged at Strettons May auction
Strettons’ latest auction saw a range of residential lots in the capital go under the hammer, with a mixed-use property leading the sale.
Savills racks up over £60m in May auctions
Savills’ May auctions saw the firm bring in over £60m, with £30.5m raised at its latest sale on 31 May.
Guide to Auctions supplement 2023
Q&A: ‘The market will carry on’
Allsop’s George Walker and Richard Adamson tell Daniel McGrath about the auction house’s ballroom return and what’s in store for 2023
Reasons to be cheerful: insight into the 2023 auction market
Despite new regulations coming into force and interest-rate hikes hitting the affordability of nance, many experts are upbeat about this year’s prospects for commercial property auctions. Tim Clark reports
Guide to Auctions introduction - March 2023
There’s nothing like a bit of economic uncertainty to shake up the auctions market. On the one hand, it helps create a supply of properties as homeowners and landlords seek quick sales. On the other, it limits the potential number of buyers, with financing becoming more expensive and redevelopment margins ...
Community Land Auctions not a practical solution
The levelling-up bill with all of its guises and amends has certainly kept the planning and residential sectors debating. Comments in the media are plentiful every time there’s a revision, and the Community Land Auctions amendment is no different, having been originally tabled in July last year and now back ...
The auctions market remains buoyant despite crises
Rising inflation and interest rates could help rather than hinder sales at auctions.
Latest finance comment
Jefferies’ Mike Prew on the stubborn market
As the holidays approach, every parent’s car journey nightmare is kids at the end of their tether with choruses of “Are we there yet?” REIT share prices are being defined by stubborn inflation but the UK, it seems, is also nowhere near arriving at the 2% target.
House prices: who knows?
The two leading house price indices (HPIs), from Nationwide and Halifax, provide the most timely measure of sentiment in the housing market but also the most partial. The picture that each paints of what is going on – and the commentary provided by the lenders’ in-house experts – can often ...
