Auction News
An office building with favourable revenue potential, ideally situated in Waverly,Johannesburg will go under Park Village Auctions’ hammer on Tuesday, the 17th ofSeptember.That’s the word from PVA’s Clive Lazarus, who says that the office park directlyopposite Melrose Arch on the M1 Highway is primed for corporate tenants.“Now is the perfect time to invest in commercial […]
Park Village Auctions is inviting offers on two manganese processing plants andproperty based in Kathu, Northern Cape.The sale falls under the auspices of PVA’s business rescue division, whichspecialises in facilitating sales to help businesses experiencing difficulties raise liquidcapital. PVA’s John Taylor: “The sale will provide the capital injection needed for theconcern from which the assets […]
Bids will be flying as Marbros Farming (Pty) Ltd says farewell to the industry with anenormous two-day simulcast auction. That’s the word from Park Village Auctions’Bloemfontein representative Nico Maree, charged with overseeing the “historicevent.”Maree: “Marbros Farming is famed as a “legacy of agricultural excellence”throughout Limpopo. Now, the legacy will live on through bidders who will […]
Park Village Auctions is inviting offers to purchase assets that stem from aRustenburg resin producer, Rockdrop Anchor Manufacturers (PTY) LTD, currently inliquidation.The plant and equipment available are related explicitly to controlled non-explosiverock splitting in mining applications. Epoxy rock demolition enables precise splittingalong pre-determined lines while generating less noise, vibration, and environmentalimpact than explosives.Interested parties can […]
Park Village Auctions provides insight into the relationship between Business Rescue proceedings and auctions and how both buyers and sellers stand to benefit. South Africa’s business landscape is experiencing a surge of Business Rescue proceedings, indicative of the nation’s economic challenges. With this, auctions have become a crucial tool for struggling companies—and savvy investors. As […]