TITLE

Auction proceeds slump but Allsop stays on top

PUB. DATE
January 2009
SOURCE
EG: Estates Gazette;1/10/2009, Issue 920, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article deals with a report from the Essential Information Group which found that the amount of money raised in commercial and residential auctions in Great Britain has declined by 36% to £3.8 billion in 2008. Total commercial sales declined by more than half from £1.9 billion to £898 million. The value of residential lots was buoyed by a surge in repossessions. Residential sales fell less sharply, by 27% from £3.9 billion to £2.9 billion. Allsop has retained the top spot in both residential and commercial sales.
ACCESSION #
36806733

 

Related Articles

  • Success rate remains stable.  // EG: Estates Gazette;2/14/2009, Issue 906, p69 

    The article reports that average auction success rate for commercial and residential sales remained stable in January 2009 at 66 percent, according to statistics from Essential Information Group. In January 2008, the average combined success rate was 71 percent. The figures also revealed that a...

  • Allsop totals up on 2006.  // EG: Estates Gazette;4/7/2007, Issue 714, p53 

    The article reports on the combined commercial and residential sales achieved by auction house Allsop for March 2007. The sales reached a total of £183 million for March, an increase from £134 million over the same period in 2006. It mentions the high interest for residential property...

  • Crunch causes market upheaval in Q4. Maxwell, Estelle // EG: Estates Gazette;1/19/2008, Issue 802, p88 

    The article reports that the amount of money raised through commercial and residential auction sales has reached £5.8 billion in Great Britain at the end of 2007 according to Essential Information Group. Based on real estate market analysis, residential auction sales were more resilient than...

  • Commercial receipts fall 43%. Maxwell, Estelle // EG: Estates Gazette;11/17/2007, Issue 746, p85 

    This article reports on the decline in receipts from commercial property auctions in the British market between October 2006 and 2007, according to figures released by Essential Information Group (EIG). A comparison of trading figures shows that commercial receipts fell from £521 million (m)...

  • Residential figures in June hit a 12 month-high.  // EG: Estates Gazette;7/11/2009, Issue 927, p53 

    The article reports on data collected by the Essential Information Group which reveal that residential auction sales reached 201 million British pounds in England in June 2008. The figure beat June 2008 receipts by 1 million pounds. Despite the increase in residential revenues, combined results...

  • Prices tumble as lots churn.  // EG: Estates Gazette;4/11/2009, Issue 914, p43 

    The article reports on the state of real estate auctions in Great Britain in the first quarter of 2009 based on figures from the Essential Information Group. It is noted that the percentage of properties sold peaked at 72 percent average, which reflects combined residential and commercial...

  • Auction market doubles in size in five years. Sandeman, David // EG: Estates Gazette;9/22/2007, Issue 738, p114 

    The article reports on the growth of the real estate auction market in Great Britain in five years since 2002. Based on data from Essential Information Group, market analyst of British property auction results, the market has experienced growth between August 1, 2002 and July 31, 2007. Several...

  • Untitled. Berkin, Chris // EG: Estates Gazette;2/8/2014, Issue 1357, p1 

    The article discusses a commercial auction organized by the property consultancy firm Allsop LLP in Great Britain as of February 2014, which featured selling of 70 out of 83 lots, greater demand for multilet retail and residential assets and increase in yields on grade-A retail properties.

  • Record take for Allsop. Maxwell, Estelle // EG: Estates Gazette;11/11/2006, Issue 645, p91 

    The article reports on the large residential lots sale by Allsop which produced outstanding results in Great Britain. The two-day residential sale broke the company's previous record set in July 2006 with a success rate of 87 percent and totals close to £65 million. All lots offered on behalf...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics