Auction spending soars as cost of debt drops
Language: English Series: Property Week ; 70(27) 8 July 2005, 21(1)Publication details: 2005Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130439 (Browse shelf(Opens below)) | 1 | Available | 130439-1001 |
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.