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Private investors dominate UK auction houses

Series: RICS Property Auctioneering Group NewsPublication details: 2002Subject(s): Summary: According to Jones Lang LaSalle (JLL), private investors are driving commercial property UK auction houses activity but may not be fully aware of the risks. Based on IPD auction results analysis system (ARAS) data, auction houses look set to achieve a record £1.2bn through property sales in 2002. Compared to around £800m in 2001 and £600m in 2000. JLL auctions page http://www.joneslanglasalle.co.uk/services_capital01/pg_auctions.html. http://www.rics.org/ricscms/bin/show?class=News&template=/includes/shownews.html&id=4161.
Holdings
Item type Current library Call number Copy number Status Barcode
News article London News article WB3842-01 (Browse shelf(Opens below)) 1 Available 120425-1001

According to Jones Lang LaSalle (JLL), private investors are driving commercial property UK auction houses activity but may not be fully aware of the risks. Based on IPD auction results analysis system (ARAS) data, auction houses look set to achieve a record £1.2bn through property sales in 2002. Compared to around £800m in 2001 and £600m in 2000. JLL auctions page http://www.joneslanglasalle.co.uk/services_capital01/pg_auctions.html. http://www.rics.org/ricscms/bin/show?class=News&template=/includes/shownews.html&id=4161.