EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
AUCTIONS: Free school site sells for £8m
A receivership lot sold for £8m at Allsop’s first sale last week, the highest sum achieved for a single lot at a residential auction.
Find out more about the activity in the auction market this month
DIARY: Aisles and apartments
Grainger’s Abbeville Apartments in Barking opened to much fanfare in 2015 as the landlord’s first purpose-built rental block.
Diary visited it last week, and you can imagine our surprise when we were led into the entrance of an Asda. Then inside, we met with a reception where there should have been vegetables, and we realised this wasn’t an Asda at all.
Discover more about the lighter side of the real estate sector
NEWS: CapCo’s Earls Court posts £100m value drop
Capital & Counties has written down the value of Earls Court by a further £100m as the result of political uncertainty and the slow residential market.
Explore the data surrounding CapCo and reaction from property analysts
CHARITY AND SOCIAL: Take part in the JLL Property Triathlon
JLL has launched the 12th edition of its Property Triathlon (and swim and duathlon). Due to take place at Dorney Lake near Windsor, Berkshire, on 29 June, this year’s event is set to be even more contested than ever before. EG will be there as a supporter and a competitor. Registration opens on 26, 27 and 28 of February.
