Acuitus cPad report Q3 2023

27th October 2023

The latest Acuitus Commercial Property Auction Data (cPad) report shows that the third quarter of 2023 saw 256 lots sell at auction for a total of £159.4m.

Acuitus chairman and auctioneer Richard Auterac says: “The results for the third quarter of 2023 have been impressive, sitting 29% above the long-term average. The average lot size has also increased from the last quarter rising by almost 30% standing at £623,000, despite retail accounting for the smallest proportion of properties sold on record at 54%”.

The cPad All-Property prime yield and secondary yield have weakened slightly from the last quarter, with prime at 6.53% and secondary at 10.10%. 

The full Q3 2023 report can be downloaded here.