The commercial property market has leapt into action early this year and is gearing up for a period of active trading

In what could be SA’s biggest auction, two Johannesburg shopping centres are expect ed to fetch R700m when they go under the hammer in March.

Auction Alliance will take Campbell Court, a mixed use retail and residential property located in Klerksdorp, to auction in December.

Auction Alliance will be taking two properties on Main Road, Mellville - well known for street cafes, cigar lounges and restaurants and good commercial property exposure - to the auction floor on August 18.

A wilderness hotel and two guesthouses in Hermanus were among the lots that were on offer at the Savile Row auction at Summer Place on Wednesday, in a market that is still showing a strong appetite for quality commercial, industrial and residential properties.

Building materials supplier, Afrimat, has reported a 25.7% rise in diluted headline earnings per share to 50.9c for the year ended February 2010 from 40.5c a year ago.

There is a surge in local opportunistic buying ahead of the world cup, says Auction Alliance’s Mike Bosch, as evidenced at a recent Port Elizabeth auction day

Aucor has a host of first class of properties lined up for what promises to be its most exciting property auction in two years, taking place on Thursday 25 February

Those South African property watchers who are predicting significantly improved conditions in 2010 are by and large unrealistic, says Mike Flax, Executive Director of Redefine Properties

Demand for commercial and industrial property in the Lowed capital Nelspruit has remained strong in spite of the recession.