Monday, 10 April 2006 02:00

Property auctions shed their stigma

The flourishing industrial and commercial property market and the growing popularity of auctions has resulted in an increasing number of properties coming under the hammer, urging Aucor to consider holding two multiple auctions a month.

AUCTION Alliance will conduct one of the country's largest property portfolio auctions next month, with a R200m multiple commercial property sale.

 

Aucor's commercial and industrial auction last Tuesday started off with the offer of a small retail centre in Benoni, and ended with the multimillion rand sale of a shopping complex in Sandton, while a short nostalgic interlude for auctioneer Eddie Winterstein featured in between.

Tuesday, 21 January 2003 02:00

State to stand by squatters.

Government is to appeal a court judgment compelling it to evict and provide housing for 40,000 illegal squatters occupying part of a commercial farm in Benoni.

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