In this series of three podcasts, Allsop partner and auctioneer George Walker speaks to Jo Seth-Smith, Fund Manager from OLIM Property, about what they have experienced in the property auction market over the last six months of 2019 from the perspective of the auctioneers’ rostrum. The podcasts are based around findings from Allsop’s 2019 Commercial Auction Summer Market Review publication.
Episode listings below with links and summary of the podcasts.
What has happened in the first six months of 2019 in the Commercial auction property market?
Analysing trends from four of Allsop’s commercial auction sales in 2019 with an active investor to provide some insight into the market, where demand is strongest and where opportunities may lie. Jo clarifies the specific mandate that her fund enjoys and what they have been buying and selling in the last few months. The episode goes on to examine some of the clear trends that are emerging and how investors are reacting to what has been a tough few months, with a marked shift to quality.
What property sectors are selling in the commercial auction room?
We examine all the property sectors and how they performed in the auction room with specific reference to those examples featured in our published summer market review. This includes the reasoning behind some of the very high and low prices that were achieved at auction. This instalment also looks at the increased appetite for office investments, the shift to quality and growth in alternative assets and which areas are offering the right mix of value and security
Looking ahead in the commercial property auction market
In the final episode; indicators are pointing to an improving market, with buyers having the cash and budget to spend. The demand is there but what of supply? And what do the political consequences potentially hold for the property industry?
Whilst the market remains uncertain, there is proven demand, we discuss how this might continue going forward, in spite of the political turmoil at our door on a daily basis. Property is a long term proposition, and is therefore likely to ride out this wave and continue delivering returns to investors. We look at how to balance the risk and reward of an asset by careful stock selection
The podcasts presented here are for general guidance and represents opinions of our teams based on the property market at the time of recording.