Who is selling?
Last year was an unusual one in that there were no major portfolio sellers in the commercial auction market of any real size.
Property Funds continue to realise various assets as did some REITS, although in smaller numbers than previous years, and both when valuations are in line with the current market view on pricing.
A little like the buyers, the vast majority of sellers were offering one or two assets.
Nevertheless, we continue to offer sale & leasebacks on behalf of a number of corporate sellers including:
In addition, other corporate sellers have taken advantage of the auction market to release non-operational assets including:
