During what may be described as a tumultuous 2016 to date, while trading conditions in the property auction arena have proven challenging, retail shopping centres, service stations, hotels and residential blocks have shown resilience throughout this period and are still in strong demand.

Following the uncertainty prior to the elections, the second half of the year should be much more positive for the property sector, according to Norman Raad, CEO of Broll Auctions and Sales.

Among others on offer at Broll Auctions and Sales next auction at 12h00 on Tuesday 2 August 2016 at the Wanderers Club in Illovo, Johannesburg, are three prime located properties in Meadowdale in Germiston, Gauteng.

Following the success of the first multiple auction held by Broll Auctions and Sales, a further auction of 24 prime commercial properties in diverse locations around South Africa is to be held at noon on Tuesday 9 June 2015 at the Wanderers Club in Johannesburg.

A keen appetite for investment in blue chip-tenanted retail property saw 23 000sqm in retail space alone snapped up at Broll Auctions and Sales first multiple property auction held at the end of March (2015).

This month, at noon on Thursday 26 March 2015, the newly formed Broll Auctions and Sales will hold its first multiple property auction at The Wanders Club in Illovo, Johannesburg.

Aucor Property has today announced that it will be handling a large corporate disposal at its upcoming Cape Town Auction taking place on 29 August 2013 at 12h00 at The Pavilion Conference Centre, The Clocktower, V&A Waterfront.

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