Acuitus cPad report Q1 2023

30th May 2023

The latest Acuitus Commercial Property Auction Data (cPad) report shows that the first quarter of 2023 saw 287 lots sell at auction for a total of £175m, significantly above the 10-year Q1 average of £150m.

Acuitus chairman and auctioneer Richard Auterac says: “Since the end of the first quarter of 2023 a steady increase in optimism across the market has been seen, and one would expect to see a further rise in market activity leading up to the summer”.

The cPad All-Property prime yield and secondary yield have remained largely unchanged, with prime at 6.06% and secondary at 9.38%. 

The full Q1 2023 report can be downloaded here.