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Wednesday Jul 22, 2015

Nedbank wants property liquidation inquiry to be stopped

Nedbank and its chief executive Mike Brown have lodged a High Court application to stop a confidential Section 417/418 Companies Act inquiry into the liquidation of a property company and set aside the summons ordering Brown to testify.

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Wednesday Apr 15, 2015

Court declares auction vendor bids legal

The legality of vendor bidding has been confirmed by a Supreme Court of Appeal judgment related to alleged sham bidding at an auction where a prominent businessman acquired a lodge and game farm for R20 million.

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Wednesday Mar 25, 2015

Tshwane property auction nets R188 million

He sat quietly and left soon after paying R41.5 million for a prime property in Erasmuskloof during the City of Tshwane's land parcels auction in Hyde Park yesterday.

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Wednesday Mar 18, 2015

Tshwane property auctions going ahead

Old and newly-established black empowerment companies were among entities that had shown interest in the City of Tshwane's upcoming properties auction.

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Thursday Mar 05, 2015

Durban's Royal Hotel gets a new owner

Ownership of a Durban landmark, the Royal Hotel, in Anton Lembede (Smith) Street, returned home yesterday when Durban property mogul Saantha Naidu bought it for R78 million from Swaziland businessman Moses Motsa.

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Thursday Feb 26, 2015

Luxury Pretoria mansion to go under the hammer

Do you still have about R65 million spare after yesterday's Budget? Then next month you can bid for one of Pretoria's most expensive houses.

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Friday Feb 20, 2015

Tshwane's 'Plastic View' for sale

Woodland Village - the so-called Plastic View informal settlement - in Moreleta Park is among the first batch of Tshwane municipal land that will go under the hammer next month.

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Tuesday Feb 03, 2015

Landmark Durban Royal Hotel to be auctioned off

One of Durban's landmarks, The Royal Hotel in Anton Lembede (Smith) Street, will come under the auctioneer's hammer next month.

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Monday Jan 26, 2015

Don't ignore the 'fall of the hammer' at an auction

It is important that potential sellers and buyers understand that certain terms and conditions attach to public auctions by virtue of the provisions of the Consumer Protection Act (CPA).

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Thursday Oct 23, 2014

Observatory 'drug spot' to be auctioned off

Observatory's infamous Trump Towers - the bane of residents who claim it is a hideout for criminals - is to be auctioned off.

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