Auctions
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Half unsold at Harmann Healy
Almost half the catalogue was left unsold at Harman Healy’s 8 July auction at Kensington Town Hall, W8
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LSH recruits former Colliers team for auction business launch
Lambert Smith Hampton has broken into the auctions market with the recruitment of Colliers International’s former auctions team
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Cannon Capital sells 53% at London auction
Cannon Capital sold just over half the catalogue at its commercial and residential auction last week
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Location is key for buyers at Barnard Marcus
Revenues topped £26m at Barnard Marcus’ central London auction this week as South East and London properties sold well
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CBRE aiming to gain from first auction in Spain
CB Richard Ellis is to hold its first Spanish auction on 3 July. It will offer 30 homes priced between €129,000 and €950,000 at Marbella’s conference and exhibition centre, the…
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Clive Emson bids to expand with Exeter venue
Clive Emson Auctioneers is to launch a new auction office in Exeter, Devon, boosting its number of outlets to four
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Emergency Budget: views from the auction room
After the market had braced itself for a much tougher hike in capital gains tax than the 10% increase announced on Tuesday, the coalition government’s emergency Budget was generally well…
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LS Lowry church in Cumbria sold
A buyer has snapped up Wath Brow Mission church in Cumbria which, in 1948, was captured for eternity by “matchstick men” artist LS Lowry
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Savills’ auction raises £32m on London interest
Savills’ residential auction this month raised almost £32m from an 83% success rate
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Repossession buyers curbed by cautious lenders
Repossessed residential property trading at auction is being slowed by lenders introducing caveats restricting resales within six months, critics have claimed
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‘Picky’ investors leave 40% unsold at HH
Competitive bidding on residential properties produced some good initial results at Harman Healy’s auction this week, but demand eventually petered out leaving 40% of lots unsold
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CPA’s London sale nets £1.6m
Countrywide Property Auctions raised £1.6m after 58% of 21 properties sold at its London auction this week