In Auckland, $78,000 is a carpark. In Invercargill it’s a home.
That’s the price one buyer has paid for a single park in the basement of downtown Auckland’s Ascott Metropolis apartment tower - a record according to the agent who sold it.
In Invercargill, about the same amount buys a good-quality home. Asked for his [...]

A large parcel of land in Awapuni Road failed to sell at a Harvey’s auction on Thursday but attracted strong interest from two parties, one of who made a top offer of 2.25 million.
The other bidder offered 2.2 million.
The 19.5 hectares adjacent to the Juken New Zealand mill are in three titles and likely to [...]

US Auction Info
The U-S General Services Administration has been contracted to conduct an online auction of U-S Forest Land in Northern Arizona.
The G-S-A has scheduled a May 30th opening date for the auction of 175 acres at the Verde Ranger Station Administrative Site in Camp Verde.
The property will be offered as four parcels, consisting of [...]

An historic, pristine waterfront tract along the St. Martin’s River and Assawoman Bay made up of three parcels totaling more than 400 acres will finally come up for auction tomorrow after years of dispute about its ownership.
The property’s former owner, the late John G. Townsend, a former governor of Delaware at the turn of the [...]

US Auction Info
Press Release
Under a cooperative arrangement between Asset Preservation Inc. (API) and J.P. King Auction Company, the use of auctions will be offered as a way to accomplish the sale of properties within the 180-day exchange period required under 1031 regulations.
“Reverse and improvement exchanges are extremely powerful tools that provide benefits to investors through [...]

Indiabulls Financial Services Ltd has announced that Kenneth Builders & Developers Pvt Ltd has won the auction of 35.8 acres of Residential Land located in South Delhi offered in a public-private partnership project for a consideration of Rs 4500.10 million. The open auction was carried out by Delhi Development Authority (DDA).
Kenneth Builders and Developers [...]

UK Auction Info
Rutland, the UK private equity partnership, is in advanced talks to sell its Uskmouth power station for more than £100m in a deal that will provide further evidence of the renaissance of coal-fired energy.
An auction of the 360MW station near Newport in South Wales is expected to be completed within days, with a [...]