Leicester bank sells for £2m at Acuitus auction
The recently refurbished freehold went under the hammer for a figure just below its guide price.
Rocket Auctions to lift off after My Auction and Bamboo merger
The combined group will have more than 1,100 real estate agent partners.
Allsop raises over £51m in February residential auction
The firm’s second residential auction of the year achieved a success rate of 85% from the sale of 260 lots.
John Pye Auctions seals £10m deal for Birmingham shed
The site was formerly owned by Dart Products Europe.
Dudley shopping centre listed for £2.75m at Acuitus auction
West Midlands shopping centre to go under the hammer at Acuitus’s first 2024 sale.
Savills to offer more than 250 lots in first sale of the year
The auctioneer has a host of commercial, development and mixed-use opportunities up for sale.
Cash-strapped Birmingham City Council to auction off property
Cash-strapped Birmingham City Council is to sell 29 disused properties and commercial ground leases at a Bond Wolfe auction next month.
Allsop records 10% fall in annual profit after ‘frustrating’ financial year
Property consultancy Allsop has reported profit of £15.37m for the year ended March 2023, a 10% reduction from the previous year’s £17.1m.
Strettons raises over £3m in December auction
Strettons raised over £3m at its December live-streamed auction, which featured a range of lots with development and investment potential all over the country.
Bond Wolfe records total sales of more than £178m for 2023
Live-stream property auctioneer Bond Wolfe recorded total sales revenues of more than £178m for 2023.
Allsop’s last auction of the year raises £58m to bring 2023 total to £880m
Auctioneer Allsop has wrapped up 2023 with £880m in sales after it raised £58m at its December residential auction.
Paul Fosh Auctions finishes record year with December sale
Paul Fosh Auctions reported record sales of £50m in 2023 after its December auction raised over £4.7m, led by the sale of a former school site.
Savills reports record year for auction sales
Savills’ auction department has reported a record year in 2023, with the hammer coming down on over £570m worth of property over the year, the highest amount in the team’s history.
Begbies Traynor acquires SDL Property Auctions
Begbies Traynor Group, the professional services consultancy, has acquired SDL Property Auctions and will integrate it with Eddisons, the group’s property advisory and transactional services division.
Strettons reveals December auction catalogue
Strettons has launched the catalogue for its upcoming 13 December livestreamed auction, which features a range lots with development and investment potential across the country.
Pair of island forts up for grabs in Allsop’s largest December auction
Two vacant Victorian island fortresses with potential for conversion into casinos are among 390 properties listed for sale for Allsop’s largest ever December residential auction, taking place online on 14 and 19 December.
Latest finance comment
By the way: Peter Bill on Grainger, BTR and Adam Neumann
Helen Gordon needs to whoop things up.
Jefferies’ managing director Prew on REITs hiding their true values
Net asset values are no longer an accurate reflection of REITs’ performance and their relative worth.
