“It’s still a buyer’s market so bargain hunters should seriously consider property investment,” says Aucor’s property division head Paul Winterstein

A factory and warehouse in Benoni was the centre of attraction at the Bidline property auction in Sandton yesterday, where keen bidding pushed the hammer price to R17m.

The Ngonyama Lion Lodge in the Krugersdorp Game Reserve took pride of place at the Aucor property auction on Wednesday, where it fetched the highest price at the sale.

Redefine Income Fund, a leading JSE-listed company which provides a diverse portfolio of property investments, announced a total distribution to linked unitholders for the year ended 31 August 2008 of 56.63 cents per linked unit