Category: Auction News

Reverse auctions, a lesser-known format in the auction world, offer a unique twist on traditional bidding wars. In reverse auctions, sellers compete to offer the lowest bid for a desired item or service, turning the traditional auction model on its head. This unconventional format challenges participants to think strategically and negotiate creatively, as they navigate […]

Park Village Auctions has announced an auspicious auction of a four-storey apartmentbuilding currently accredited as student accommodation by the University of Johannesburg(UJ).According to PVA Director Clive Lazarus, the sale represents a favourable investmentopportunity as high demand—in metropolitan areas, mainly—has made studentaccommodation one of the most resilient property investments in South Africa.“Student accommodation sees an average […]

Park Village Auctions has announced a “massive auction in which the entire contentsof a heavy engineering facility and property are to be sold individually.”That’s the word from PVA’s Clive Lazarus who says that the assets stem from arenowned Ostem (Pty) Ltd currently in business rescue.PVA’s business rescue division specialises in selling businesses experiencingdifficulties. According to […]

In recent news, the auctioning of Nelson Mandela’s original identity document has sparked both curiosity and controversy. The question arises: What does it mean to auction off a piece of history, especially one tied to such an iconic figure? Nelson Mandela, a symbol of resilience and justice, left a profound impact on the world through […]

Park Village Auctions will auction two spacious four-bedroom family homes in theluxurious Vaal de Grace Golf Estate, Parys, Free State.That’s the word from PVA Director Clive Lazarus says that the island estatesurrounded by the Vaal River offers an “enviable lifestyle.”“The tranquillity of island living with lush greenery, exquisite property, and access tothe country’s first Nick […]