Repossessed Irish property sale

Auctioneers Allsop confirms the first sale attracted over 1,000 buyers - so many in fact, that bidding took place in the street outside the auction hall. Around 20% of buyers were non-Irish, with investors from England, Scotland, France and Israel. Out of 82 lots, 81 were sold for a total of €15 million. Many of these properties had been repossessed by Royal Bank of Scotland. The next auction is scheduled for 6th July when 200 lots will go under the hammer, including apartments, tenanted shops, farms and houses. Dublin property consultants, Space, who is working with Allsop on this sale,...