Commercial property in SA’s central business districts is booming, Alliance Group says.

Alliance Group, a leading asset sales and services company, has added four multiple auction dates to its sale diary in response to the rise in demanRael Levitt d from private buyers and investors in the auction room

Avile Row Auctions’ property sale at the end of this month at Summer Place in Hyde Park will bring a strong commercial property portfolio to the market, with properties on the East and West Rand going under the hammer.

Savile Row has announced that its inaugural Cape Town auction has been confirmed to take place in November.

A well-attended massive auction sale of property shows that the South African property market is thawing, Alliance Group auctioneers said on Wednesday.

OMIGPI, on behalf of policyholder funds, is currently busy with a major development in Rosebank (Gauteng), which includes the Zone Phase II. In tandem the sale of a key property holding in the area occured and which ultimately fell into the hands of a competitor to the Zone investment

Lew Geffen and a group of associates this week launched their own auction house.

A prime piece of Fourways land in the heart of one of SA’s fastest-growing areas, is coming under the hammer.

Eight-figure bids were received for a hotel in Hout Bay at the Aucor property auction in Sandton, when 11 lots came under the hammer.

Warren Buffet once said: “You only find out who has been swimming naked once the tide goes out”, implying that tough times expose those people/companies that have been a bit too risqué during the good times