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Thursday 23 February 2012
Media

Allsop's first residential auction of 2012 set an encouraging tone for the year ahead raising over £47m from the sale of 85% of its catalogue. This was the market leading firm's highest February residential total since 2009 (£56.5m).

Held in the cavernous ballroom of the Park Lane Hotel… more...

The Sandhouse Hotel in Co Donegal, Ireland a 55-bedroom hotel overlooking the Atlantic Ocean, is to be offered at the next Allsop Space property auction in Dublin on March 1st.

The famous beachfront hotel often frequented by well-known guests including Tony Blair and Woody Allen, has a maximum reserve price… more...

Allsop Space has announced details for their first property auction of 2012, which is to feature 100 lots comprising 74 residential houses and apartments and 26 land lots and commercial properties.

The auction will take place on Thursday, 1st March in the Shelbourne Hotel, Dublin.

No longer considered… more...

Allsop and The Essential Information Group have released RAPID (Residential Auction Property Investment Data) February 2012.

In this on line report, we examine the level of distressed stock in the residential auction market since the start of first signs of recession. We interpret these against the background of activity… more...

Jon Gershinson and Simon Davidson of Allsop LLP as NAMA appointed Receivers and Tamarin / RER  confirmed today that contracts for the sale of the West End Odeon site have exchanged with the Edwardian Group Ltd

Planning Permission was granted in October 2008 for the demolition of existing buildings and… more...

Allsop release their review of the residential auction market over the course of 2011.

Over the course of 2011, Allsop held seven residential property auctions, offering 2002 properties to the market and realising over £380 million raised.

Despite the challenges posed by the economic instability throughout 2011, our… more...
Allsop have completed on the purchase of Warner Brothers West End Headquarters for Grafton Advisors on behalf of the Schroders WELPUT fund for £65M.

Piers Glover, Partner at Allsop LLP who represented Grafton/WELPUT commented

“98 Theobald’s Road is a freehold headquarters building which is let on a low… more...

Henderson Property UK Unit Trust have completed the purchase of the Freehold interest in a 1.3 acre mixed use investment opportunity with future development potential in Muswell Hill London.

The site occupies a prominent corner position at 107-143 Muswell Hill Road and the space comprises 22,864 sq ft of accommodation.… more...

Market leading auction house close 2011 with bumper £41.2m 84% nine hour sale.

The Park Lane Hotel ballroom saw over 2,000 bidders attend Allsop's closing sale of 2011 yesterday. Of the 275 residential and mixed use lots on offer, a total of 229 were sold for a total value exceeding… more...

Ireland’s largest property auction took place today at the Shelbourne Hotel Dublin. The auction held by Allsop Space was their fourth and final sale of 2011.

108 properties were offered to a packed room of domestic and international buyers. Halfway through the sale 1600 bidders had descended upon the… more...
The 2011 RICS matrics auction competition final took place last week at the RICS headquarters, London. The finalists included Russell Homer a student at Nottingham Trent, Sam Gourlay at Knight Frank, Ben Snelling, Senior Auction Valuer at Clive Emson and Giorgio Economides a Graduate at Allsop LLP.

The finalists… more...

Allsop’s have released their final catalogue of 2011 for their 6th December Commercial Auction

The catalogue offers 113 Lots for a wide range of Vendors including Guildford Borough Council, Threadneedle Property Investments, IRBC, BDO, Receivers and Private Investors. We are offering 15 lots on behalf of Receivers and the total… more...

Allsop have purchased the Chamber of Shipping’s current building, Carthusian Court in EC1 on behalf of The Property Trust for £11.65M.

The Chamber will remain at Carthusian Court as tenants for now, with plans to move in the new year to new London premises. The intention is that the British… more...

Allsop Space has announced details their final property auction of 2011, which is to feature the largest number of property at auction in Irish History.

The fourth Allsop Space auction of 2011 will feature a massive 112 lots and will take place on Wednesday, 30 November in the Shelbourne Hotel,… more...

Allsop Residential held its October sale last week (27th) and raised over £27.3m from the sale of 173 lots. This represents a success rate of 82%.

The sale opened with the ballroom of the Park Lane Hotel in London's Piccadilly filled to capacity. Bidding was enthusiastic from the start with… more...

Property Auctioneering - is it as easy as it looks?  Ever thought you'd like to have a go?    With the 2011 Allsop & RICS Matrics Property Auction Competition, heres your chance to put your skills to the test.

In a bid to promote the skills of the rostrum… more...

Allsop Space have released their first report today, analysing their auction data to date from the period April to September 2011.

The report looks at the auction market, types of buyers, properties and prices paid.

Data analysed is provided from the transparent auction results from the three auctions held to… more...

Money Week have agreed to take 7,389 sq ft of offices from Fordgate on a 10 year lease.  Money Week are due to relocate from Sea Containers House in December, which is due to be developed into a new hotel scheme.

Allsop acted for Money Week
Cushman & Wakefield… more...
Allsop Launch New West End Team
Tuesday 04 October 2011

Allsop launch their new West End team this week, with new recruits Piers Glover, former director of GVA’s London markets and Nick Pemberton, former head of West End Investment at Colliers International.

Glover and Pemberton join Allsop as salaried partners having worked together at specialist West End practice Godfrey Vaughan… more...

Allsop City agency team have completed on the disposal of 25,000 sq ft of space at 4-5 Bonhill Street on behalf of City of London.

The space has been acquired by Google to be used as a technology community centre for City start ups and entrepreneurs. The lease will… more...
UK-Irish auction partnership Allsop Space held its third successful sale of Irish property at the Shelbourne Hotel, Dublin last week raising almost €10m from the sale of 84% of 67 lots offered. This brings the newly formed company's sales receipts since April to over €40m with an overall success rate… more...

Allsop held their first residential auction for the second half of 2011 yesterday at the Park Lane Hotel, London. In total 293 lots were offered from across the UK, achieving a success rate of 86% and raising over £39.83m. 

Despite UK inflation being at its highest level for decades and… more...

Only 60% of population will own their own home by 2025

Allsop Residential Investment Management have released their Residential Insight report for summer 2011 highlighting that market recovery remains fragile and slow as both the consumer and the UK’s production industries have slipped into technical recessions. More positively however… more...

Auction fever continues to grip the Irish property market as Allsop Space releases its third catalogue of the year.

The widely anticipated sale will be held on the 23rd September at Dublin's Shelbourne Hotel.

After unprecedented overseas interest in the first two Allsop… more...
Low to middle income households are likely to be shut out of home ownership for a lifetime according to the latest report launched by Resolution Foundation 'Making a rented House a Home: housing solutions for ‘generation rent’

 The report contributed by Allsop Partner Paul Winstanley finds that the average… more...

Allsop’s residential team have completed on the sale of Parkwood, 19/22 St Edmund’s Terrace, St John’s Wood, London, NW8 for £34m on behalf of a client advised by Chancery St James plc. The property was purchased by a private investor.

 The freehold unbroken building, one of the largest and most… more...

On the day that PWC predicted that house prices 'won't recover until 2020' and the RICS declared that the UK property market remained in 'stalemate', Allsop restored confidence by raising £47m from 82% of lots offered at its 14th July Residential Auction. This success brings the firm's receipts… more...

Velocity Tower, a landmark mixed use scheme in Sheffield, was brought to the market last week by Allsop’s residential investment team on behalf of D F Butters and A P Berry, Joint Administrators.

Velocity Tower was built by the developers of Velocity Estates, which went into administration in November 2010.… more...

Allsop Space held their second auction last Thursday at the Shelbourne Hotel, Dublin. The sale was another great success raising just short of €16m with a success rate of 95%. 79 lots were sold from a total of 83 offered.

It was once again standing room only in… more...

Allsop and Tamarin/RER are delighted to announce that the Leicester Square Odeon site will be marketed jointly with two adjoining sites as a single entity.

 Jon Gershinson and Simon Davidson of Allsop LLP as Receivers of Leicester Square Theatre, Leicester Square, have reached agreement with Tamarin / Real Estate Resolutions… more...

Allsop have released their fourth residential auction catalogue of the year this week. The sale will be held on Thursday 14th July at the Park Lane Hotel, Piccadilly, London, W1. A total of 315 lots will be offered (unless sold prior or withdrawn).

In summary, the catalogue includes:

more...
Piccadilly Estate, London W1 has been successfully sold on behalf of Jon Gershinson, Simon Davidson and Ania Packman of Allsop LLP as LPA receivers.


Jones Lang LaSalle, the acting agent sold the site to an investment… more...

Law firm CMS Cameron Mckenna have agreed terms to pre-let one third of Hammersons office scheme Principal Place in the City of London.

The Law firm has agreed Heads of Terms to take 200,000 sq ft of the 590,000 sq ft scheme in what will be one of the most… more...

More encouraging signs for the commercial market this week as Allsop release their largest commercial catalogue since October 2006 comprising 158 properties.  This reflects the markets increasing stability and vendors’ expectations are drawing closer in line to the market.

The sale will take place on 5th July at the… more...

Allsop's Commercial Investment team have completed on the purchase of the B&Q unit on Coypool Road in Plymouth on behalf of Threadneedle for £5.31m reflecting a NIY of 6.9%. 

The retail warehouse property is let to B&Q for a further 9 years at a rent of £10.62psf.  The rent review is… more...

Allsop's residential auction team brought its total for 2011 to £128m last week with a marathon single day sale which raised £45m from the sale of 269 lots. The 84% success rate contrasts with an industry average of 67% (source: EiG).

"Allsop has been weathering the storm well" said auctioneer,… more...

Rob comes with over 20 year’s experience having been in charge of the Specialist Licensed and Leisure team at the Government's Valuation Office Agency. His team set the Rateable Values of the majority of Licensed and Leisure properties throughout London and the South East. Rob was also one of the… more...

Allsop’s Leeds office has been instructed to dispose of the Skylight Capital Build-Up Fund’s portfolio. Skylight is a niche residential property fund established in 2004.

The portfolio consists of 600 residential properties located mainly throughout the North East of England with a total value of over £37,500,000. Allsop is working… more...

DTZ Investment Management advised by Allsop has disposed of six good quality industrial properties in strong regional centres across the UK.

The properties were purchased by Boultbee for £18.575m, reflecting a net initial yield of 8.8%.

The majority of the portfolio is modern, well-let stock with a strong occupier profile… more...

Allsop’s latest commercial auction has raised in excess of £41 million, reflecting a success rate of 73.5%

The sale held on Thursday 24th March at The Park Lane Hotel offered 91 lots, 16 of which sold for in excess of £1 million. This was evident that the market continues… more...

Allsop have completed on the sale of 27, Walpole street, SW3 which comprises of a mid terrace building internally arranged to a provide self contained lower ground floor flat, subject to a reversionary lease and a self contained 4 floor upper maisonette subject to a life tenancy.

The Residential Investment… more...

Allsop has advised Stoford Ventures Limited on the sale of The Stock Exchange building, a newly refurbished historic building in the city’s core, for £7.95 million, representing a net initial yield of 6.40%.

The 1920s landmark property, which is let to EFG Private Bank for 15 years, has been purchased… more...

To access the online catalogue please go to www.allsopspace.ie

In a fresh approach to buying and selling property, Ireland’s first distressed multi lot property auction will take place on 15th April at the Shelbourne Hotel, Dublin.

The auction will be held by Allsop and Space, an established real estate… more...

National Investments have completed on the sale of Busy Bees Nursery, Reigate on behalf of Pace Investments.

The freehold Grade II listed building comprises 6,554 sq ft and is let to Leapfrog Day Nurseries (Trading) Ltd until 2036 off the  topped up rent of £152,916 pa.

The property was sold… more...

All Change At Allsop
Thursday 23 December 2010

Allsop LLP announces their headquarters have relocated to 33 Wigmore Street to coincide with their rebrand and website launch.

The move is an historic occasion for the firm, having bid farewell to Soho after almost eight decades and bringing their residential division from Knightsbridge and Commercial division under one roof.

more...

Bloomsbury Publishing plc, publishers of Harry Potter, advised by Allsop have completed on the acquisition of 49-51 Bedford Square. The leading publisher has acquired the Georgian Grade 1 listed address as its head office to replace its current 3 buildings in Soho Square.

Bloomsbury have taken a 20 year lease… more...

Scott Tyler and Jeremy Hodgson Partners of Allsop’s National Investment team and Bill Flatau of Harvey Spack Field recently travelled to Tamil Nadu , India to see firsthand the projects undertaken by Andy Barrs’ charity ‘Wherever the Need’.

Wherever the Need’s aim is to alleviate the poor by introducing sanitation… more...

Allsop Dig Deep For Charity
Wednesday 06 October 2010

As part of Allsop's commitment to partnership with LandAid, we helped transform the garden at a young persons homeless centre in Denmark Hill. Willing volunteers from Allsop were joined by clients from Grainger plc to roll up their sleeves and get digging.

The team got stuck in with weeding, pruning,… more...

Allsop, the largest dedicated fixed charge receivership team in the UK and HWBC, a market leading asset and property management team have formed a joint venture in Ireland in response to the ongoing turbulent property situation.

The partnership will provide a dedicated one stop receivership and management service, focusing on… more...