The latest Acuitus Commercial Property Auction Data (cPad) report shows that the Q2 2022 sales were 29% higher than the 10-year Q2 average.
Acuitus Chairman, Richard Auterac, comments: “The UK commercial property auction market across the UK remained resilient. Lot sizes over £1m accounted for 23% of all properties sold, raising £87.3m out of a total of almost £150m”.
The Acuitus cPad All-Property average initial yield hardened 32 basis points from Q1 2022 to now stand at 7.75%.
The full Q2 2022 report can be downloaded here