Allsop’s March Auction had a success rate of 84% of the lots offered on the room, although 21 of the original 140 lots in the catalogue were withdraw before the auction.
As expected, with no changes to the market or the economy, the results appeared to be broadly similar to February’s auction with long dated income, retail properties and
The auction included 10 bank investments, which produced an average yield of 5.27%. This compared with 4.8% in February, although the lot sizes were rather higher and there were relatively few lots let to Barclays, which usually attract premium prices.