George, Will & Ben assess the latest Commercial auction, the largest held in the UK since September 2021, in the context of global socio and economic events with investors sheltering cash reserves in high yielding assets to hedge against inflation.
George Walker, Will Clough and Ben Hodge review the 25th May Commercial auction as investors choose high yielding assets to work their cash and hedge against rising inflation.
The May 25th auction saw a 25% increase in the number of bidders compared to March, raised over £90m from the sale of 103 lots, a significant increase on the May 2021 sale which raised £62.3m and with the largest 31 lots selling for an average of £1.95m.
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The podcast presented here is for general guidance and represents opinions of our teams based on the property market at the time of recording.
All details are correct at time of recording