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.
London pub and supermarket lead latest Acuitus auction
A supermarket in Fulham, south-west London and a well-known pub in South Woodford, in the east of the capital, both guided at £1.4m, are among the 35 lots lined up for Acuitus’s commercial property auction on 13 December.
Savills to auction Mary Shelley’s former home in December sale
Savills’ December auction includes a property in Marlow, Buckinghamshire, which was the home of literary giants Mary Shelley, author of Frankenstein, and poet Percy Shelley, with a guide price of £565,000.
Raft of lots guided above £1m lead BidX1’s final 2023 catalogue
A freehold residential block in east London, an industrial unit in Watford, and a supermarket in Ivybridge, Devon are the lots with the highest guide prices in online auction specialist BidX1’s final catalogue for 2023, with the sale taking place on 14 December.
Walsall’s Victorian Arcade listed at £4.2m at upcoming Bond Wolfe auction
Bond Wolfe’s next auction on 14 December will include a grade II-listed, town-centre retail arcade in Walsall in the West Midlands, on sale for £4.2m, having been on the market for £5.75m with another agent since June.
Clive Emson publishes listings for December auction
Auctioneer Clive Emson has revealed an online catalogue of 150 commercial and residential lots set for its online auction on 13 December.
Guide to Auctions supplement 2023
Q&A: ‘The market will carry on’
Allsop’s George Walker and Richard Adamson tell Daniel McGrath about the auction house’s ballroom return and what’s in store for 2023
Reasons to be cheerful: insight into the 2023 auction market
Despite new regulations coming into force and interest-rate hikes hitting the affordability of nance, many experts are upbeat about this year’s prospects for commercial property auctions. Tim Clark reports
Guide to Auctions introduction - March 2023
There’s nothing like a bit of economic uncertainty to shake up the auctions market. On the one hand, it helps create a supply of properties as homeowners and landlords seek quick sales. On the other, it limits the potential number of buyers, with financing becoming more expensive and redevelopment margins ...
Latest finance comment
Alastair Stewart on why quantity surveyors are survivors
Blessed are the quantity surveyors, to paraphrase St Matthew, for they shall inherit the Earth. Just like the cockroaches. That’s not to denigrate QSs. Nor cockroaches.
@PeterProperty on the why Savills’ results might be the canary in the coalmine
Expect losses in America and on the continent. Expect profit way down on the £153m in 2022.
