At 11am on July 13 at the One On One Conference Centre, Gateway, in Durban, Auction Alliance will auction a 15.3ha piece of land next to a lagoon in Lagoon Drive.

A block of 61 flats in Braamfontein and a shopping centre in Randburg were among the 'hot properties' offered at the Bidline property auction held in Fourways.

The latest gauges indicate that the property market is on a slow recovery path.

A DIAMOND mine was an unusual attraction at the Aucor property auction yesterday when a selection of properties including a complex of three houses, factory and warehouse were on offer at what was described as a “very tough” sale.

A bid price of R31,1m has been received for a retail centre in Pongola, KwaZulu Natal, at an auction held by Bidline in Durban.

The highlight of Aucor’s next multi-property auction is a range of properties in Witbank/eMalahleni.

Premium Properties Limited announced a total distribution of 59,20 cents per linked unit for its second six-month period, ended 28 February 2010, bringing its total distribution for the full year to 111.1 cents per linked unit, up a noteworthy 16,8% from that of the prior year

Octodec Investments Limited announced a distribution of 65.1 cents per linked unit for its six-month interim period to 28 February 2010, representing an increase in distribution of 4,7% from the corresponding prior period

Premium Properties Limited on Thursday announced a total distribution of 59.20 cents per linked unit for its second six-month period, ended 28 February 2010, bringing its total distribution for the full year to 111.1 cents per linked unit, up a noteworthy 16.8% from that of the prior year.

South Africans are cautious about the effect of the World Cup on property prices, with more than 80% of respondents to a poll saying they do not expect an increase in prices as a result of the soccer tournament.