“Real-time bidding refers to the buying or selling real estate online -but most people don’t know what that means in technical terms” explains Rainer Stenzhorn of In2assets, the property expert team who have recently introduced a game changing new real-time online auction platform to the Southern African market.
National property company In2Assets has opened its Port Elizabeth branch.
National property company In2Assets conducted its 49th auction at the Durban Country Club last week, moving 10 properties and fetching a cumulative R 51.3 million in deals.
The highlight of In2Assets commercial auction held on the 25thof September comprised a versatile Commercial building situated at 24 Meridian Drive, Umhlanga New Town Centre.
91 exciting Commercial and industrial Properties with a total sales value of almost R 170m have been successfully sold under the gavel of well known Auctioneer, Andrew Miller over the past 12 months.
In2assets will be hosting a liquidation auction of 24 mini factories located in Fischer Park Hillcrest on instruction of the Liquidators of Sanyati Properties
Durban continues to see a significant move North for its commercial and industrial developments. This poses the question, is this at the expense of the Durban South Basin?
Despite the existing uncertainty in some markets, a certain relaxation in bidders’ behaviour is being experienced, resulting not only in crowded auction venues, but also in dynamic bidding and showing that confidence in the property market is definitely improving.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.