Written by: Adrian Little on 12th December 2023
Property consultant Eddisons has strengthened its auction business with the acquisition of SDL Property Auctions.
Led by Managing Director, Andrew Parker, SDL Property Auctions provides auction services for residential and commercial property across all regions of the UK, offering around 2000 lots a year at their monthly live-streamed auctions.
This acquisition sees Eddisons expand its existing auction business and the plan is to integrate SDL Property Auctions under the Eddisons auctions brand post-acquisition, alongside the Pugh & Co and Mark Jenkinson Brands.
Their team of 46 employees will now integrate with Eddisons’ existing network of 30 UK offices. On a combined basis it is expected that over 3000 lots shall be offered nationally, making Eddisons one of the largest property auctioneers by volume.
Announcing the acquisition, Anthony Spencer, Managing Partner of Eddisons said:
“I am very pleased to welcome the SDL Property Auctions team to Eddisons. The acquisition significantly increases the scale of our auction business and I look forward to working with Andy and the team in the future. This is the fourth acquisition of the year for Eddisons and we continue to seek further opportunities for expansion across the UK."
Commenting on the acquisition, Andrew Parker, Managing Director of SDL Property Auctions, said:
“Through our team of talented people who place our clients’ interests at the forefront of everything we do, SDL Property Auctions has developed an award winning reputation for selling property by auction. We are excited to be joining Eddisons and I look forward to working with like-minded individuals to develop the opportunities that the deal presents.”
Written by: Adrian Little on 12th December 2023
Over the last 40 years Adrian has been involved in the sale by auction of over 10,000 properties in the Yorkshire and Humber region, ranging from small sites and ground rents to large industrial estates and residential investments. He has been most fortunate to have sold many landmark buildings throughout the region and is particularly interested in properties that require modernisation, restoration or redevelopment.
Having spent many hours on the rostrum at Bramall Lane, he saw the incredibly successful transition to online auctions seeing some £100m of residential, commercial, agricultural and industrial lots being sold for private, corporate and local authority clients. In March 2023, he joined Eddisons and Pugh & Co to forward this success and continue to offer personal service with a larger national presence .
