More than half of private landlords are letting residential properties at below-market rents to keep tenants, according to a report by Allsop and research consultancy BDRC.
Leicester branch achieves 88% success rate, but £2.4m raised is 40% down on August 2017 auction result.
London-based auctioneer Harman Healy sold 19 of the 29 lots on offer at its sale on 9 August, raising £3m and achieving a 66% success rate.
Latest national auction raises £21m from 97-lot catalogue – £9.5m less than equivalent sale last year
Barnard Marcus raised £19m at its sixth auction of the year on 30 July, selling 112 lots of the 194 offered – a 58% success rate.
Allsop sale raises £37m compared with £52m last year, while Auction House achieves half of July 2017 total.
Barnett Ross sold 36 lots of the 40 offered at its 17 July sale, reflecting a 90% success rate and raising £9.8m.
Prominent peer Lord Stanley Fink, often described as the “godfather of the hedge fund industry”, has invested £7m in proptech investment platform British Pearl.