Lambert Smith Hampton’s leading team of Simon Bailey, Rob Hills, Mat Harris, Rachael Withams, Simon Riggall and Oliver Childs talk about the unique challenges of the auctions market and prospects in 2018.
Acuitus has released a 29-lot catalogue for its final live-streamed commercial auction of the year, featuring a mix of retail investments showing signs there is still demand in the market.
The Prime Minister’s ‘build, build, build’ mandate will require significant investment in regional regeneration projects. One ‘shovel-worthy’ scheme is Stevenage - one of the original ‘new towns’ - being driven by Mace Develop. But what else must the construction sector do to move forward?
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.
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”.
Star lots included a Birmingham care home, an east London petrol station and an Essex apartment building
The star of the 153-lot catalogue is a four-bedroom maisonette in Kensington with a guide price of £5m
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