Dissatisfied investors switch to auctions
Language: English Series: Property Week ; 71(18) 5 May 2006, 20(1)Publication details: 2006Subject(s): Online resources: Summary: Reports the findings of a survey by "Property Week" and online investor forum Propex. Investors, mainly private or working on behalf of private property companies, are unhappy with the private treaty marketplace. Less than 1% of respondents said they believed the marketplace operated with an acceptable level of transparency. Two-thirds said it took more than a month to complete the average acquisition or sale. Around half would consider buying and selling small commercial property investments on online auction sites. Graphs.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 133555-1001 |
Reports the findings of a survey by "Property Week" and online investor forum Propex. Investors, mainly private or working on behalf of private property companies, are unhappy with the private treaty marketplace. Less than 1% of respondents said they believed the marketplace operated with an acceptable level of transparency. Two-thirds said it took more than a month to complete the average acquisition or sale. Around half would consider buying and selling small commercial property investments on online auction sites. Graphs.