Acuitus Q1 auction sales success

The first two Acuitus sales of the year have seen over £90m sold with 30 properties selling for in excess of £1m with a top price of £4.805m being achieved.

The number of investors who are turning to property because of its tangible qualities is expected to grow as a result of the proposed General Election in June.

Acuitus auctioneer, Richard Auterac, comments: “The election introduces an element of uncertainty into the general economic picture but it will have more impact on the equities and bond markets than on property."

“And while property private treaty sales may be delayed as parties ‘take a view’, this will channel more buyers into the auction room where they can find an immediate route into the market. It’s a propitious time to sell property at auction.”

Richard Auterac commented: “Investors are making it plain what they demand, so the ball is really now in the sellers' court. If they supply the right assets, these will sell at good prices”.

Acuitus Director, Charlie Powter, is also available to discuss how private treaty and auction sales of portfolios and individual assets can be integrated into an overall sales strategy.