Archive for September, 2005

Victoria Real and Lighthouse Spain Partner to Launch

Friday, September 30th, 2005

Digital agency, Victoria Real, has partnered with Lighthouse Spain to launch the Lighthouse Auction Room website (www.lighthouse-auctionroom.com). The website allows investors to snap up bargains and vendors to sell quickly in the first 100% online Spanish property auction.
The Lighthouse Auction Room works in a similar way to eBay, allowing people to view pictures of [...]

Irish Pub Expected to fetch 10 million euro

Thursday, September 29th, 2005

Intense competition is expected when O’Connell’s Bar in Eyre Square, Galway goes for sale by tender in the coming weeks. The pub is expected to fetch €10 million. Mr Ray Rooney of Rooney Auctioneers, who is responsible for the sale of the Eyre Square property, told the Galway Independent that [...]

Hong Kong land auction fetches higher prices

Wednesday, September 28th, 2005

The government raised a total of 10.15 bln hkd from the auction of three residential sites today, higher than expected and in a sign that property developers remain bullish on the sector’s prospects.
The biggest of the three sites offered today, a 155,004 square foot plot in Ngau Chi Wan Road in [...]

Connecticut auction tax-delinquent properties

Monday, September 26th, 2005

US - As many as 10 tax-delinquent properties, including a potentially valuable subdivision site, are scheduled to hit the auction block Thursday.
State Marshal Robert Miller will sell the properties under the direction of Revenue Collection Manager Mary Nardini in hopes of collecting more than $219,000 in back taxes.
The city resumed tax warrant auctions after a [...]

Auction extended for naval facility

Monday, September 26th, 2005

The seller of the former Oak Knoll Naval Medical Center has indefinitely extended its auction after a bidding war sent its price sky high.
Earlier this week, the General Services Administration, which opened bidding on Aug. 22, set a “soft” closing date of Thursday. A soft close means the date will continually be moved up a [...]

Hong Kong Property auction to take centrestage

Monday, September 26th, 2005

HONG KONG property stocks will be in focus this week as the Chinese territory’s government sells off three parcels of land in closely watched auctions seen as a test of the lynchpin sector’s strength. 
Although high sale prices at Tuesday’s auctions would indicate buoyancy in the market, analysts warn it would prove a double-edged sword [...]

New Zealand Property site sets up

Monday, September 26th, 2005

Allrealestate.co.nz launched recently with more than 8000 listings from 300 agents. The site is a subsidiary of realestate.com.au, Australia’s largest real estate site with 350,000 listings.
While stuff.co.nz and some auction sites list properties for sale or rent, allrealestate.co.nz’s main competitor is RealENZ, [...]