Savills News

Significant commercial hire for Savills Auctions

Savills has appointed Ben Hodge, a seasoned commercial auctions specialist, as a Director within its established auctions business.

With over a decade of experience, he joins from Allsop where he played a key role in the sale of commercial assets below £5 million as well as assisting with the firm’s marketing and data strategy.  Ben’s appointment follows the arrival of Gary Murphy, who joined Savills from Allsop in June 2023.

At Savills, he will focus on expanding the company’s commercial offerings across all price points, particularly larger portfolios that present high-yield opportunities and long-term value for investors and developers.

Savills auction team raised over £400 million in the first half of 2024, marking a 50% increase from the same period last year. The online live-streamed auctions continue to thrive, with an increasing number of auctions being held this year to meet client demand.

Robin Howeson, head of Savills auctions comments; “Ben brings over a decade’s worth of experience having operated solely in the commercial arena. His specialism will be a highly valuable asset to the business and a driving force for commercial assets across all price points.

His appointment underscores our commitment to growing market share and to enhance our offering to our clients. Together, with the success of our online mixed catalogues and auctions, I am confident that we will continue to set and break records within the industry.”

Ben Hodge, Director, Savills auctions says; “I am delighted to be joining one of the most successful auction teams in the country. The growth of Savills’ auction department in recent years has been phenomenal and their approach to auctions with live-streaming has opened bidding up to all users, not just online but telephone and proxy too. This is of huge advantage to buyers and sellers alike.

The potential to utilise the undisputed Savills network and apply it to the commercial auctions sector will help us fulfil the tremendous potential out there for the benefit of our clients.”

For more information on Savills Auctions, visit www.auctions.savills.co.uk

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