Aucor Property will take to auction an entire Germiston retail and residential block. The property, situated at 60 Knox Street, is known as Kaybor Mansions and comprises three basement areas, a retail ground floor and eight apartments.

There is no denying that 2012 has been a very interesting year for the property sector. It has had its ups and downs, but the low interest environment sparked renewed interest in the commercial property market, particularly through auctions.

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.

Aucor Property's November multiple auction will be held in Johannesburg on the 22^nd of November 2012 at the Park Hyatt Hotel in Rosebank and will begin at 12h00 on the day. 39 lots of prime commercial, retail and residential properties to the total value of R220 million will come under the hammer on the day. A full listing of the properties is available at http://www.aucor.com/Johannesburg-Commercial-Multiple-Auction-22-November-Eprop-PR/AUID209.

New auction house, Auction Inc, launched this month plans to hold its first multiple property auction early next year which will be followed by a national roll-out of the company

Land in George, partly under natural forest, and a poultry farm in Carolina will feature on the Aucor property auction this month, as will commercial and industrial buildings in Johannesburg and Pretoria.

Several properties in the K'shane Lake Lodge nature reserve development bordering Hartbeespoort Dam will go on sale at Aucor's next multi-property sale on June 11