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Property Auctions

Why Auction Real Estate?

Real estate property, whether residential, commercial or industrial, can be sold through auction and save you money. ... Full story

Auction Alliance caution still lingers

The total value of auction property sales concluded under the hammer is down 75% in the past 18 months. ... Full story

Low Rates Driving Property Values

Property values have not fully recovered the ground that was lost during the last four year downturn, but the South African property market is now gaining momentum. ... Full story

Julius Malema’s farm fetches R2.5-million on Auction

The 140-hectare cabbage and tomato farm belonging to former ANC Youth League president Julius Malema, was sold for R2.5 million at the auction on Monday, although it is actually worth about R4 million. ... Full story

Aucor property hits a homerun with a R75 million result

Last week friday Aucor Property confimed that it had received bids worth R75 million worth of stock being sold on the day during their multiple commercial property auction held in Johannesburg on Wednesday 17th April. ... Full story

Auction Avenue achieves R34 million for Greek Island

The 17ha Greek Island in the archipelago between Greece and Italy was snapped up by a South African private Investor for R34 million, revealing investor appetite for auctions. ... Full story

Aucor Property achieves R57 million for Cape Property Portfolio

A large portion of a national property portfolio went under the hammer last week in a highly successful auction where 5 properties situated in CBDs across the Western, Southern and Eastern Cape were sold and confirmed on the floor. ... Full story

Auction Avenue hosts successful Auction event

Despite last year's media coverage and negative sentiment surrounding the auction industry, Auction Avenue, held their inaugural Sandton Auction at the trendy Maslow Hotel, last week Wednesday. ... Full story

2012 signals Investors’ growing appetite for Property Auctions

Positive results achieved during the course of the year 2012 is evident that the market is moving again with deals being concluded particularly at auction events raising investor confidence and a renewed appetite for property auctions. ... Full story

Commercial Investors deriving greatest value at Auction

The prevailing low interest rate environment, which is at historically low levels following the reserve bank's July interest rate decision, has sparked renewed interest and activity in the commercial property market, especially through auctions. ... Full story

No crisis of Confidence at The High Street Auction Co Event

Despite recent press coverage and negative sentiment surrounding the auction industry, the local market's appetite and confidence for buying through auction remains healthy, if The High St Auction Co’s last auction is anything to go by 21 lots with a combined market value of R114 million went under the hammer on the day. ... Full story

Auction Alliance achieves R67.6 million for Johannesburg CBD property

Two landmark buildings in the CBD, previously owned by Vukile LTD, were snapped up by a private investor for R67.6 million on auction, revealing a welcome return of investor appetite for commercial property within Johannesburg’s inner city’s retail core. ... Full story

High St kicks off for 2012

The High St Auction Co has announced that its first auction of 2012 will be held on 29 February at Summer Place in Hyde Park at 12h00 and will feature an array of commercial, industrial and residential properties that will come under the hammer. ... Full story

Luxurious Camps Bay mansion sold for R6.9 million

A sea-facing, designer mansion in Camps Bay has been sold by Auction Alliance for R6.9 million at the residential Platinum Residential auction held on Tuesday January 24. ... Full story

Joburg Gladstone Hotel fetches R4,4m

One of Johannesburg’s oldest surviving buildings, the old Gladstone Hotel, on the corner of Commissioner and Von Wielligh Streets, was sold for R4,4m by Auction Alliance yesterday. ... Full story

Auction Exchange
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