Wednesday, 20 October 2010 02:00

Consumer Protection Act and auction practices

The Department of Trade and Industry’s announcement that Consumer Protection Act legislation will not take effect in October 2010, as originally planned, is good news for the auction industry

The commercial property market is still weak but Auction Alliance’s sales this month around the country have reflected a thawing of the market, with strong investor appetite for well-let properties.

The residential property market in South Africa is still coming to terms with the fallout from the economic crisis, said Auction Alliance CEO Rael Levitt on Monday.

 

The Dongane Holiday Resort and Golf Estate in the Inhambane province, 430km north of Maputo, otherwise known as The Old White House, is a longstanding landmark, with a local Mozambican theme.

Putting its own auction profession to the test and showing its clients how to lead from the front, South Africa’s leading auctioneer house, Auction Alliance, will be taking its own head offices in Cape Town to the auction floor

Wednesday, 19 May 2010 02:00

Two retail centres go under hammer

The Eastern Cape saw its biggest ever auctions recently when two shopping centres, one in East London and the other in Port Elizabeth, went under the Auction Alliance hammer

An entire wine estate situated in Franschhoek has just gone under the Auction Alliance hammer for a staggering R53 million, in what is considered one of the biggest auctions ever to take place in the Western Cape

Friday, 23 April 2010 02:00

Makhado centres take top honours

 

RETAIL centres in Makhado (Louis Trichardt) took top honours at the Auction Alliance property sale on Wednesday, with the 40 lots under the hammer fetching good prices.

Thursday, 08 April 2010 02:00

Listed Fund selling sought after assets

On 21 April 2010, at The Southern Sun Hotel in Grayston, Sandton, a listed fund will be monetising some of their most sought after assets in the Limpopo Province and Rosslyn

Wednesday, 07 April 2010 02:00

Luxury reserve for sale

The Etosha Game Farm in the Limpopo province, just outside Bela Bela, will soon have a new owner at the fall of the hammer in two weeks.

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