TITLE

Totals halve at Allsop

AUTHOR(S)
Maxwell, Estelle
PUB. DATE
February 2008
SOURCE
EG: Estates Gazette;2/9/2008, Issue 805, p83
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
31592728

 

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