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Industrial finds favour at auctions

Series: Property Week ; 68(28) 18 July 2003, 21(1)Publication details: 2003Subject(s): Summary: The number of factories and distribution depots sold at auction in the second quarter this year more than trebled that for the same period last year, claim Jones Lang LaSalle (JLL). Figures compiled by JLL show that 98 industrial investments were auctioned in April, May and June, compared with 30 during the same period last year. The statistics published by the Auction Results Analysis Service (ARAS) show that industrial yields fell from 7.99% in the first quarter to 7.7% in the second quarter. JLL auctions page http://www.joneslanglasalle.co.uk/services_capital01/pg_auctions.html.
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News article London News article WB3928-01 (Browse shelf(Opens below)) 1 Available 123068-1001

The number of factories and distribution depots sold at auction in the second quarter this year more than trebled that for the same period last year, claim Jones Lang LaSalle (JLL). Figures compiled by JLL show that 98 industrial investments were auctioned in April, May and June, compared with 30 during the same period last year. The statistics published by the Auction Results Analysis Service (ARAS) show that industrial yields fell from 7.99% in the first quarter to 7.7% in the second quarter. JLL auctions page http://www.joneslanglasalle.co.uk/services_capital01/pg_auctions.html.