Sharp downturn in annual totals for Allsop and Acuitus
UK’s two largest commercial auction houses have strong final sales but raised less this year than last
Strettons raises £13m at last sale of year – up on December 2017
Strettons’ sales increased year on year at its last auction of 2018 on 10 December.
Allsop sees turnover fall but profit rise
Property consultancy and auctioneer Allsop has announced an annual turnover of £42.8m, down 3% from £44.2m last year, in its financial results to March 2018.
Allsop launches its biggest catalogue in three years
Auction house will offer 273 lots at its last residential sale of 2018, including 13 lots guided at £1m or above
BidX1’s next online auction set to feature ‘mix of quality assets’
Digital auction platform BidX1 has released the catalogue for its next online auction, which will be its first to feature both residential and commercial lots.
FTSE releases green real estate indexes
FTSE Russell has launched a series of new green real estate indexes in a move it hopes will push investors towards more sustainable real estate investment.
Savills seeks to match 2017 total with post-auction sales
Auction house raises £27m at final national auction of year, £8m less than at equivalent sale last year
Auction House lines up bumper catalogue for final sale of year
Auction House London has unveiled a large catalogue for its final national auction of the year, featuring 122 lots.
Acuitus and Allsop offer big retail lots in final 2018 sales
Retail assets with guide prices above £1.5m are among the 220 lots set to go under the hammer in December
Auctions insights: Clive Emson
Against the backdrop of a tough market for auctioneers, Clive Emson tells Property Week why staff training, succession planning and high professional standards have benefited his auction house and the industry as a whole.
The fast emergence of blockchain technology could kill off the traditional ballroom auction
Participating in a public ballroom auction is a unique experience. It is the only place where you can exchange a contract to buy a property without signing a document – because if a bid is accepted by the auctioneer, a verbal contract is instantly formed.
