Allsop Propchat – 2019 review and 2020 predictions in the commercial auction property market
Allsop have released their latest series of podcasts, reflecting on what happened in 2019 and looking ahead at what we might expect in 2020.
George Walker, Partner and Auctioneer chats to Ben Beck Investment Surveyor from Columbia Threadneedle Investments about the highs and lows of the commercial auction market based on topics covered in the commercial auction annual market review 2019
Within the two podcast episodes they discuss how auction as a route to market has delivered positive results both for Columbia Threadneedle’s funds and buyers in the auction room, the type of assets that are suitable to sell at auction, the benefits of the combined private treaty and auctions approach, along with rental and sector growth in the regions including the opportunities that exist outside the South East.
They then go on to examine where the opportunities lie for investors in 2020, the continued increase in popularity of the alternatives sector and what they consider to be the right mix when looking at an asset to provide value, investment growth and security.
Listen to our podcasts 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.
Notes to editor
About our speakers
Ben Beck, Investment Surveyor, Columbia Threadneedle Investments
Ben Beck joined Columbia Threadneedle Investments in July 2016 as an Asset Manager, identifying asset value enhancement opportunities and realising these through building refurbishment / redevelopment, leasing and professional landlord and tenant matters.
Ben moved into the investment team in 2018, and is now responsible for sourcing, analysing and transacting property investments for a number of pooled UK balanced funds.
Prior to joining Columbia Threadneedle Investments, Ben worked for Savills in both their West End head office and City office advising a range of institutional and private landlords on their UK property holdings.
Ben graduated with a Masters degree in International Relations from the University of Nottingham, then going on to complete a Postgraduate Diploma in Real Estate from London South Bank University, whilst working for Savills. He is a qualified member of the Royal Institution of Chartered Surveyors (MRICS).
George Walker, Partner and Auctioneer, Allsop Commercial Auction
George joined Allsop in January 1997 and has shared the rostrum in the Commercial Auction room since then.
In 2019 Allsop commercial auctions sold £433m of assets, at a success rate of 85%, with 115 of the total lots sold at £1 million or above.
You can find out more about our commercial auction team, along with next auction sales dates and current auction catalogues here
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