000			01144cam a2200217 4500
001			WB@3612-7
008			041117n2004 000 0 eng u
035			_a(Sirsi) u128006
245			_aAuction sales
260			_c2004
490			_aProperty Week _v(69)46 12 November 2004, 23(1)
520			_aThe latest data from the Jones Lang LaSalle/Investment Property Auction Results Analysis Service (ARAS) shows that auction sales totals rose by more than a fifth in the previous quarter as property-hungry investors spent £271m in the auction room. More than £173m was spent on retail property, and £29m on office property in the last three months. More auction-goers were venturing into unfamiliar property such as offices and pubs (over £40m was invested in pubs and restaurants), where demand from occupiers is driving down yields. The ARAS all-property yield fell 14 basis points in the last three months, from 6.90% to 6.76%.
590			_aWB
590			_aWB
650			_aPROPERTY AUCTIONS
650			_aAUCTION SALES
650			_aINVESTMENT
650			_aPROPERTY-COMMERCIAL PROPERTY
690			_aAUCTIONS
942			_n0
999			_c118315 _d118315