Joff van Reenen, Founding Partner and Lead Auctioneer of specialist real estate auction company High Street Auctions, says as much as the repo rate increase of 50 basis points was not unexpected, it’s certainly not welcome.
President Cyril Ramaphosa’s State of the Nation address was lacklustre at best, failing dismally to reassure investors that the country has tangible short- to medium-term plans to effect an economic turn-around, comments Joff van Reenen, Director of specialist real estate auction company, High Street Auctions.
City of Tshwane properties were hotly contested and evoked spirited bidding at High Street’s auction held in May.
The High Street Auction Co, one of South Africa’s largest auction companies emerged as one of the big winners at the recently concluded National Auctioneers Association Marketing Competition 2015 held in Kansas, United States.
Porsche South Africa was the highest bidder on Kyalami racetrack which went under the hammer today,at the High Street Auctions event, for a record R 205 million.
Accumulating wealth is a given goal for most people. Yet, the journey to achieve this general and often lofty goal, differs for each person.
"Real Estate auctioneering is very difficult and companies need to be highly proactive to do the job justice.
High Street Auctions first multi property Auction of 2014 knocks down 90% of the properties on market.
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