Allsop raised c. €45.8m at its first commercial auction of 2025, representing a success rate of 83%.
The highest-value lot – a postal sorting office in Leyton, East London – sold for c. €4.8. Other lots included a mix of commercial and mixed-use investment and development opportunities across the UK.
George Walker, Partner and Commercial Auctioneer at Allsop, said: “This was a very positive start to the year, particularly on the day that interest rates were cut to 4.5%, signalling the potential rebound of our high-yielding market. As ever, we sold a significant range of assets, from mixed-use London parades to shopping centres and industrial estates, offering investors strong diversification opportunities for their cash. With investors clearly in the market with an eagerness to acquire commercial real estate, our first sale of the year suggests an encouraging outlook for the rest of 2025.”
Allsop’s next commercial auction will take place online on Thursday 20th March 2025.
Image source - Allsop.
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