Allsop raised close to £75m from its two-day auction this week.
The auctioneer, which held the sale at the Park Lane hotel, W1, on Monday and Tuesday this week, sold some 74% of its catalogue.
A total of 244 properties were offered at the sale – its largest in terms of lot number in six years.
Allsop said that there was a “tremendous appetite” for good-quality assets, with private investors happy to pay strong prices for secure properties.
Bank-let assets continued to trade well, with yields in the low 4% range secured on several – a level last seen in the boom times of 2006-07.
There was also a large overseas investor contingent in the room. A group of South African investors were particularly active, buying around a dozen assets.
The largest lot of the day was a Marks & Spencer shop in Aldershot, Hampshire, which sold for £3.3m – a 6.9% yield.
For a full analysis of the auction, see Saturday’s Estates Gazette.
samantha.mcclary@estatesgazette.com
