TITLE

Auction News

AUTHOR(S)
Auterac, Richard
PUB. DATE
December 2016
SOURCE
EG: Estates Gazette;12/10/2016, Issue 978, p005a
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at the performance of the commercial property auction market in Great Britain as of December 2016. Commercial property auctions were able to break the one billion pounds mark for the first time since 2008. The market predicted higher sale rates and the number of lots offered. Challenges facing the market in 2017 include the continued geopolitical uncertainty in Europe and North America and the effect of a weaker pound on the inflows of international private investor capital.
ACCESSION #
120222790

 

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