The new levels of buyer demand being seen in the commercial property auction room are helping create unique circumstances in which to sell assets.

The volume of sales at Acuitus’s two Q1 auctions is 70% up on the corresponding period last year and success rates, averaged at 95%, have been similarly buoyed by investor demand.

Acuitus auctioneer, Richard Auterac, comments:

“We are seeing an unprecedented set of market conditions with investors turning to property in increasing numbers because of the broader macro-economic scene and being able to access readily available finance to gear-up their buying. The desire to lock into the market is far outweighing any concerns about a possible Brexit or other short-term uncertainty.

“This is creating a hugely favourable market in which to sell: there is tremendous momentum in the sub-£10m asset band which the auction room serves. And from a seller’s perspective, with the well-documented cooling in the prices of portfolios, many are realising that auctions are a more efficient route to market for the sale of assets individually."

The third Acuitus auction of the year will take place on Thursday May 19th at the Radisson Blu Portman Hotel, 22 Portman Square, London W1H 7BG.​