Totals halve at Allsop

Maxwell, Estelle
February 2008
EG: Estates Gazette;2/9/2008, Issue 805, p83
Trade Publication
The article focuses on the sale of small quality lots in Great Britain. Demand for small quality lots fuelled Allsop Commercial's opening sale of 2008, producing £45 million from an 85% success rate. The number of lots offered at the auction, which was held at London's Cafe Royal, fell to 91 compared with 153 in February 2006, when totals peaked at £88 million. As a consequence, bidding for good quality income streams in prime locations produced yields equivalent to those in October as lots achieved prices averaging 18% above reserves.


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