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Economic slide reignites interest in plant and machinery auctions

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After years of low activity, the plant and machinery market has come roaring back to life. This specialised sector of chartered surveying generally involves experts working alongside estate agency colleagues who are selling buildings. If a property or business cannot be sold as a going concern, then the building, and the plant and machinery are sold separately. The sector usually rebounds in periods of economic downturn, and the pandemic, rising interest rates and war in Ukraine have combined to spark insolvency in certain areas.

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"Economic slide reignites interest in plant and machinery auctions", MachPrinciple, March 02, 2023, https://machprinciple.com/post/Economic-slide-reignites-interest-in-plant-and-machinery-auctions

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