Auction
Commercial Building up for Grabs in Keimoes N.Cape by GoIndustry DoveBid SA
Upcoming auction this month will include a commercial building in Keimoes, Northern Cape, to be auctioned on 16 May. ... Full story
Haven in the Mountains on Auction
A prime parcel of the Elandsjacht Farm, situated in the Du Toitskloof Mountain Range, will be brought under the gavel during an on site auction by BKB Eiendomme on Saturday May 19th. ... Full story
Rael Levitt admits career gone and says sorry
Former Auction Alliance boss Rael Levitt has admitted he made mistakes but did not deserve to be demonised by South Africa, it was reported on Sunday. ... 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 CEO not found Guilty of 'Fraud'
Levitt's lawyers say the media is wrong. The National Consumer Commission has ruled that Rael Levitt is guilty of contravening certain aspects of their legislation. ... Full story
Statement from the Board of Auction Alliance 2 April 2012
We have considered the media statement on the Appelbaum/Auction Alliance matter issued by the National Consumer Commission on Friday 30 March 2012 and have instructed our legal team to have the decision reviewed. ... Full story
Statement from the Board of Auction Alliance 30 March 2012
The Board of Directors of Auction Alliance have considered the media statement on the Appelbaum/Auction Alliance matter. ... Full story
Rael Levitt steps down
The Board of Auction Alliance has agreed that Rael Levitt will step down as its Chief Executive Officer with immediate effect, pending the outcome of the independent investigation. ... Full story
Auction Alliance achieves R 67.6 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
Auction Alliance boss blasts claims of fake bidders
RAEL Levitt, the head of Auction Alliance, has offered to open his company’s books to investigators after allegations of improperly driving up auction prices and paying kickbacks – claiming this will prove that his company is clean. ... Full story
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Village View gets R20 million Facelift
The stylish Village View shopping centre in Bedfordview is undergoing a R20 million makeover by owners The Cavaleros Group. ... Full story




