More than €17m goes under the hammer

Two auctions this week included four lots which topped the €1m mark, writes Donal Buckley

Unit A1 at Fota Business Park, Carrigtwohill in Co Cork

More than €17 million was generated from property sales at two auctions during the week, including four lots which sold for more than €1 million and another which sold for €100,000 below its guide.

At BidX1’s commercial auction on Wednesday, 55 lots were sold with a combined value of more than €16 million – a 72 per cent success rate. At REA O’Connor Murphy’s public auction in Limerick, nine of the 14 lots ...