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SAVILE ROW AUCTIONS KEEPS ON GROWING

Johannesburg, 25 October 2009: Following on from its recent successes, newly launched Savile Row Auctions today announced that the Johannesburg office will be holding stand alone auctions for the Johannesburg South Region in Johannesburg South. These auctions will be held in addition to Savile Row Auctions monthly Johannesburg North auction at Summer Place.
 
The first Johannesburg South event will take place on 11th November 2009 at Thaba Ya Batswana at 11h00.
 
Mark Kleynhans, Managing Director of Savile Row Auctions comments, “We are very excited to be holding this auction – it is the first of its kind to be held in the South of Johannesburg.  We have over R100 million worth of property that will go under the hammer on the 11th and are confident that we will see the same success in Johannesburg South as we have seen in the North over the last few months.”
 
 “The quality of the stock on this auction is unprecedented and we have 21 lots of stock covering both commercial and residential offerings that will be for sale. It is worth noting that none of this stock is repossessed stock and clearly indicates that our Clients are realizing that auctions provide an exclusive platform for realistically priced sellers and serious buyers to do business and it doesn’t have to be about distressed sales.”
 
Kleynhans concludes, “The fact that we are the exclusive provider of property auction services in South Africa for properties listed by Lew Geffen Sotheby’s International Realty gives our Clients the reassurance that they seek that we are a reputable brand with a proven track record and that should their property not be sold on auction they can seamlessly migrate their property back into the traditional method of sales working with Peter Voss and his team in our Johannesburg South office.”
 
Tracy Purto on behalf of Savile Row Auctions


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