Stock worth €34m picked up at latest Allsop auction

Prices at the floor of the country’s property market continue to rise as €34m worth of stock was picked up at the latest Allsop Space auction in Dublin.

The regular event, which had previously revealed the stark collapse in values for distressed properties, saw its previous sales’ record of € 29m broken.

The auction had 115 properties up for grabs and 60% of these were commercial units. Many sold for higher values than was expected.