Thursday, 28 June 2012 14:15

Nedbank Bank Clearance Auction

Auction Inc has been instructed by Nedbank to auction off over 70 residential properties.

South Africa’s only ski resort, Tiffindell Ski, will go under the hammer next month, on July 12th, at Summer Place in Hyde Park, Johannesburg. More surprisingly, this 101Ha piece of prime Eastern Cape real estate will be sold ‘lock stock and barrel’ in an absolute, or ‘no reserve’ auction, a development that will likely see hospitality companies, developers, investors and myriad others to wage a battle royal to acquire the once-flourishing winter wonderland.

During its controversial, bitter and much-publicised demise,which began in 2007 with a would-be sale gone sour and ended in October last year aftera draining but dramatic four year legal battle, international professional services giant, KPMG, were in 2009 appointed liquidators (masters reference G156/09), and now the resort will finally be sold to the highest bidder

Auction Incorporated, the auction arm of the black owned and managed Masingita Group of Companies, is launching its first multi property auction set to take place on Thursday, 14th of June at 12 noon

Wednesday, 21 September 2011 02:00

Commercial gems on offer

The High St Auction Co has announced that its next property auction will be held on 5th of October 2011 at Summer Place in Hyde Park at 12h00 and will see 37 lots with a combined market value of R 237 000 000.00 come under the hammer on the day.

Due to the fact that the retail property sector has continued to improve over recent months investors nationwide have continued to capitalise on the attractive opportunities being offered by favourable economic trends

Thursday, 17 June 2010 02:00

Colliers to jettison HR unit

Property services group Colliers SA, which is listed on the JSE, has announced that it will dispose of its human resources and payroll business.

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