The latest Acuitus Commercial Property Auction Data (cPad) report tracks market activity and trends during the second quarter of this year.
Key Q3 findings include:
- Investor sentiment continues to improve. Total auction sales reached £242m across 457 lots sold, bringing the cumulative total for the first three quarters to £667.6m and 1,228 lots – a record for Q1-Q3 incPad history
- Alternative investments increased their prominence over the quarter, accounting for 20.7% of total sales and bringing the YTD figure to 22.8%
- All-Property spot net initial yields softened to 8.85% in Q3
- “Looking ahead to the end of the year, we are seeing increased auction activity with larger catalogues reflecting increased supply across the commercial property market.”
The full report can be downloaded here
