Commercial Auction: Summer review 2019 – Sectors

Allsop LLP’s partner and auctioneer George Walker speaks to Jo Seth-Smith Fund Manager from OLIM Property.

We examine all the property sectors and how they performed in the auction room, with specific reference to those examples featured in our published summer market review. This includes the reasoning behind some of the very high and low prices that were achieved at auction.

This instalment looks at the increased appetite for office investments, the shift to quality and growth in alternative assets and which areas are offering the right mix of value and security.

This year so far Allsop has sold £300m of assets, at a success rate of 83%, with 78 of the total lots sold at £1 million or above.

Full details of the analysis and overview of results from four of Allsop LLP’ major commercial UK property auctions sales in 2019, can be found in our publication online: Allsop commercial auction summer market review

You can find out more about our auction team at https://auctions.allsop.co.uk/ or the services Allsop LLP offer at https://www.allsop.co.uk/

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