Podcast: Auction - is the rollercoaster ride of 2023, set to continue into 2024?

To compliment the release of their Auction Market Outlook, George Walker and Richard Adamson look back over the results, trends and learnings from 2023 and chat about what opportunities may lie ahead in 2024.

Is it time to build a portfolio? What will prove most attractive to buyers? Will yields stabilise? What assets may provide capital growth?

Our experts discuss where they would choose to invest their own cash in their respective markets and whether they are optimistic of confidence improving further in the auction market in 2024.

The auction market is a barometer for much of the wider market and in 2023 our auction teams sold over 2,200 commercial, residential & mixed-use properties across the UK and raised £889m at an average success rate of 86%.

To listen to the podcast, click on the auction player below.

The podcasts presented here are for general guidance and represents opinions of our teams based on the property market at the time of recording. All details are correct at time of recording.

Thinking of selling or would simply like some advice?

We hope you find this podcast useful. If you are interested in knowing more about buying a property at auction, through private treaty or have a single property or an investment portfolio you might want to sell, then please get in touch. 

George is a Partner and Auctioneer in the Commercial Auction Team . He has been an auctioneer for over 25 years and has had a hand in selling over £6 billion of commercial real estate

Richard is a Partner and Auctioneer in the Residential Auction Team. He oversees the sale of a wide range of asset types across the residential sector.

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