Auction spending soars as cost of debt drops
Cruise, Sinead
Auction spending soars as cost of debt drops - 2005 - Property Week 70(27) 8 July 2005, 21(1) .
Figures from the IPD and JLL's Auction Results Analysis Service show that there has been a 16% rise in the money spent in UK commercial property auction rooms. The average lot size has reached £624 000 this quarter, with the total money spent being £343m, compared to £295m for the same quarter last year.
Auction spending soars as cost of debt drops - 2005 - Property Week 70(27) 8 July 2005, 21(1) .
Figures from the IPD and JLL's Auction Results Analysis Service show that there has been a 16% rise in the money spent in UK commercial property auction rooms. The average lot size has reached £624 000 this quarter, with the total money spent being £343m, compared to £295m for the same quarter last year.