IRVINE, CA, FRANKFURT/MAIN, GERMANY-Auction.com, the leading online real estate marketplace in the United States, completed its second auction of German commercial real estate properties at the end of June. The online event lasted three days, and offered 31 properties on behalf of nine motivated institutional sellers.
The properties included office, retail, and logistics properties.
“We are very pleased with the results of our second online commercial real estate auction in Germany,” said Ken Rivkin, EVP and managing director of global commercial real estate. “Auction.com has been successful in driving an industry shift to online transactions that benefit buyers and sellers alike.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
