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Gauteng Premier's controversial house to go on auction

Gauteng Premier David Makhura's official residence in Bryanston, Sandton, is up for sale. He revealed this yesterday in a reply to questions by the DA's Jack Bloom in the legislature.

Posted at 07:50AM Sep 28, 2016 by Editor in Auctions  | 

Krejcir's Linksfield mansion on auction

The mansion on Linksfield Ridge where Radovan Krejcir's former Playboy model girlfriend used to live is soon to be auctioned.

Posted at 07:20AM Apr 28, 2016 by Editor in Auctions  | 

Krejcir's luxury property to go under hammer

It takes six long strides to walk from the door to the window of the main bedroom. The windows can be slid open, but be careful, there are no railings. And it's a long, long fall down.

Posted at 09:20AM Nov 25, 2015 by Editor in Auctions  | 

Zimbabwean property in Kenilworth to be auctioned

International legal history is expected to be made today when the first sale in execution of a Zimbabwean property in South Africa takes place in Cape Town, civil rights group AfriForum said.

Posted at 06:15AM Sep 21, 2015 by Editor in Auctions  | 

Police to resume Auction Alliance investigation

Nine years of auctions carried out by the embattled Auction Alliance group are to come under scrutiny as police prepare to dig through mounds of documents and electronic records in their mammoth investigation into the group and its former chief Rael Levitt.

Posted at 04:18AM Sep 14, 2015 by Editor in Auctions  | 

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.

Posted at 07:41AM Jul 22, 2015 by Editor in Auctions  | 

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.

Posted at 08:40AM Apr 15, 2015 by Editor in Auctions  | 

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.

Posted at 09:56AM Mar 25, 2015 by Editor in Auctions  | 

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.

Posted at 05:31AM Mar 18, 2015 by Editor in Auctions  | 

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.

Posted at 07:40AM Mar 05, 2015 by Editor in Auctions  |