Industrial mortgagee listings also contributed to a significant proportion of auctions for the year with a total of 97 listings.
Fifty-one retail mortgagee listings were recorded for the whole of 2021, and all but one had floor areas under 1,000 sq ft. Out of the 106 residential owner sale listings for the year, 68 were non-landed listings that were fairly evenly spread across all districts. Going into 2021, Knight Frank is expecting an increase in mortgagee listings among businesses housed in industrial and commercial properties as the government begins to withdraw main support measures in relation to Covid-19.
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