All Private investment articles – Page 3
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News
Barnard Marcus rakes in £24.7m at November auction
Barnard Marcus has sold 162 of its 252-lot catalogue at its two day auction, reflecting a 64% success rate and raising a total of £24.7m.
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Insight
Hotel sector favours the brave
Hotels have had a tough year. This was brought home in September with the news that the 478-room Hilton Times Square in New York would not be reopening, alongside several other Manhattan hotels. Closer to home, the Ace Hotel in Shoreditch announced that its doors would stay shut.
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News
Bond Wolfe says commercial demand ‘never better’ after October sale
Bond Wolfe raised £21.2m at its 28 October auction, with managing director Ian Tudor saying there has “never been a better time to sell commercial assets and land via auction”.
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Online
Consortium of investors creates first sustainability reporting standard
A consortium of investors and lenders have joined forces to create the first sustainability reporting standard designed to encourage investment into social housing in the UK.
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Online
Strettons raised more than £11.7m at its October online auction
Strettons raised £11.7m at its 29 October auction after selling 40-lots from a 41-lot catalogue, achieving an 98% success rate.
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News
Allsop Commercial November sale raises £41.8m but withdrawn lots shrink catalogue
Allsop Commercial raised £41.8m at its 3 November sale, selling 69 lots from an 87-lot catalogue to score an 80% success rate.
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News
Savills raises £43m from 87 lots at pre-lockdown auction
Star lots included a Birmingham care home, an east London petrol station and an Essex apartment building
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Online
BidX1 sells Scottish retail park marking highest value commercial property sold via auction this year
Online auction platform BidX1 has sold Westway retail park, in Scotland, for in excess of the £6.5m guide price.
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News
Savills unveils raft of London lots for its November auction
The star of the 153-lot catalogue is a four-bedroom maisonette in Kensington with a guide price of £5m
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News
Auction House London raises £20.5m in October sale
Auction House London raised £20.5m from the sale of 74 lots from a 93-lot catalogue, achieving an 80% success rate.
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News
Clive Emson reports strong online market ahead of November sale
Ahead of Clive Emson’s November auction, managing director James Emson said that while ballroom auctions are ideal, online auctions are still strong and “as long as the price is right, lots will attract bidders”.
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News
Shepherd Chartered Surveyors launch new auction service
Scottish firm Shepherd Chartered Surveyors has launched an online commercial property auctions platform offering both live-streamed virtual auctions and a separate online bidding facility on its website.
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News
BidX1 hopes to tap interest in retail assets with Scottish retail park
BidX1 is hoping to tap growing investor interest in retail assets by offering a retail park in Cumbernauld, Scotland, guided at £6.5m at its 4 November auction.
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News
Micro-location and economic setting now key, says Acuitus
West End office block with cinema and Rhyl mall expected to be stars of auction house’s next 38-lot auction
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News
Allsop unveils bumper residential and commercial catalogues
Allsop has unveiled two catalogues for its next commercial and residential auctions, with a combined total of 391 lots.
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News
Auction House London hopes to extend winning streak at October sale
Auction House London is offering a 134-lot catalogue at its next online auction on 27 October.
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News
SDL Auctions holds first two-day auction
SDL Auctions has added a two-day auction in October following its bumper September sale.
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News
Strettons releases October catalogue
Strettons has unveiled a 51-lot catalogue for its 29 October sale.
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News
Q&A: Allsop’s Adamson on the outlook for auctions into 2021
Allsop’s Richard Adamson reports strong demand for residential property but warns of tougher times ahead
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News
Two property companies shut down after fraudulently raising £2.85m
Minerva Development Group Limited and Cohesion Business Development have been shut down after the High Court ruled that the apparent property investment-raising activities of the companies were entirely without substance.