An historic landmark with no reserve price was sold at auction on Thursday for £330,000.
The disused water tower called “Jumbo” in Colchester, Essex was auctioned with planning consent for a penthouse flat.
Several schemes to develop the 131 ft landmark, which was taken out of commission in the 1980s, have failed.
A “Save Jumbo for Colchester” group, [...]

The former Hampshire Community Action Commission offices and land at 557 Easthampton Road was auctioned for $725,000 yesterday, a figure the agency’s former director called “astounding.”
Despite the auction, the future of the property is unclear. Debbi Wysocki, who identified herself as the successful bidder, declined to give information about herself or plans for the property.
The [...]

Press Release
A contractor’s head office, shop and yard located in Gilbert, AZ was sold at the Ritchie Bros. (TSX:RBA)(NYSE:RBA) Phoenix unreserved auction on Thursday, February 16, for $3.2 million. It sold to an online bidder from California, breaking a Ritchie Bros. record for the largest item ever sold online at a Ritchie Bros. auction.
“We had [...]

The successful auction of a Riverside Street property could bring in close to $300,000 in revenue for the town.
After a marathon two-hour discussion concerning the fate of 124 Riverside St., the Town Council voted to put the property up for auction on recommendation of the town’s Committee on Economic Development.
[...]

Southeast Asia’s top two property firms are set to report strong growth in full-year 2005, with fourth-quarter earnings boosted by divestments and improved home sales.
CapitaLand Ltd. (CATL.SI: Quote, Profile, Research) is likely to report on Thursday that full-year net profit more than doubled to S$748.7 million, according to Reuters Estimates, although the fourth quarter is [...]

Press Release
Internet auctions have grown so dramatically in recent years that online auctions are now the largest retail operation in the world. Real estate investors are always looking for wholesale properties and have a need for an online portal specializing in wholesale properties.
Investor Jackie Lange made that dream a reality with SuperCheapHouses.com The site’s [...]

A total of 67 lots, with total guide prices of more than £39m, will go under the hammer at Claridge’s Hotel on February 27.
The properties come from a wide range of sources, including the London Borough of Lewisham and Doncaster Metropolitan Borough Council, Ladbrokes, Provence plc, Quintain Estates & Development, Goldcrest Homes and AWG Property [...]