The Acuitus auction on March 28th will feature 62-lots encompassing retail, office, industrial, ground rent and leisure assets which generate current total rental income of around £3.4m.
Guide prices for the sale range from £75,000 to £3.75m with lots being entered by sellers including Aviva Investors, Wesleyan Assurance, Royal London Asset Management and Mapeley together with major fund managers, investment funds, banks, trustees and fixed charge receivers.
Acuitus Chairman, Richard Auterac, comments: “Our first sale of the year saw private investors continuing to target lots of around £1m.
“For these buyers, their efforts to find this type of stock is aided considerably by the fact that a substantial number of traditional large investors and property companies are currently focussing only on large scale prime investments. This is creating an unprecedented opportunity for private investors and small propcos to access what, in many respects, is still investment grade institutional stock.”
Investments at the March auction include:
The full catalogue can be viewed here
The auction will take place at the Radisson Blu Portman Hotel (22 Portman Square, London W1H 7BG).