Jones Lang LaSalle Netherlands said it raised around EUR 17 mln from its first 'combined' commercial property auction, whereby investors were able to bid in person as well as online and via telephone. The auction attracted 'forced' and regular sales from investors who opted for the auction room is the best channel to dispose of their real estate holdings. The initiative is the result of a considerable requirement within the Dutch market for transparent and low-threshold auction processes for commercial property.
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