Commercial Property Auctions

The commercial property investment market is a huge business sector, employing many thousands of people. According to the Investment Property Forum, the value of all the commercial buildings in 2015 in the UK is around £650 billion! This comprises mainly of retail, office and industrial buildings, but also includes hotels, pubs, restaurants and other miscellaneous types, such as car parks and petrol stations.

If your business like ours, is exposed to the commercial property sector, it is always useful and interesting to stay informed.

Allsop, who conduct the UK's largest commercial property auction, have shared some interesting facts in their round up of their companies 2015 activity:

  • The combined total sales for Allsop's commercial auctions in 2015 were £449 million
  • On average throughout the years sales, an overall 90% success rate was achieved
  • 2015 saw a significant increase in the percentage of retail investments sold, increasing to 68% up from 58% from the previous year
    This represented £302 million of disposals and 75% of the total volume of sales

Our company takes some comfort in the fact that many other investors are also looking to increase their investment exposure to the retail sector.

Further information from Allsop can be seen here in their 2015 year end review.