Archive for August, 2006

BLM roadless tracts land sold at oil, gas auction

Saturday, August 12th, 2006

US Auction Info
Of the 22 roadless parcels offered on U.S. Forest Service land, 17 were bid on, the BLM said in a press release.
All the roadless tracts are under protest by environmental and other organizations, as well as by Gunnison County. The lease sale also drew criticism from U.S. Sen. Ken Salazar, U.S. Rep. John [...]

State suspends plan to auction Kauai cabins

Friday, August 11th, 2006

US Auction Info
State officials have postponed their plans to auction off 100 privately owned cabins at Kokee State Park on Kauai.
Board of Land and Natural Resources chairman Peter Young says the current residents of the park will be able to stay there at least until next year.
He says he didn’t want to see the leases [...]

South African Property worth R100m auctioned

Wednesday, August 9th, 2006

The ClareMart Auction Group recently knocked down over a R100m worth of properties at a multiple auction held at the Mount Nelson Hotel.
“Our last auction was attended by more than 320 people and unfortunately caused quite a traffic jam in Kloof Street leading to the Mount Nelson Hotel” says Jonathan Smiedt, CEO for the group.
The [...]

Australian commercial property auctions continue downward trend

Wednesday, August 9th, 2006

Australian Auction Info
Only $155 million worth of commercial property sold at auction during July, the lowest level for the year, while national clearance at 59% continued a downward trend from the peak of 78% in February, according to independent industry analysts, CPM Research.
These results occurred prior to the recent rise in interest rates.
At 54%, June’s [...]

Inland Real Estate Auctions to Sell Otsego Club Hotel & Resort

Wednesday, August 9th, 2006

US Auction Info
Press release
Inland Real Estate Auctions, Inc. today announced that it will be auctioning the renowned Otsego Club Hotel & Resort — home to The Tribute Golf Course, which Sports Illustrated called one of the world’s top 10 new golf courses in 2001. The auction, set to take place on Oct. 25, follows the [...]

60% rise in UK homes sold at auction

Wednesday, August 9th, 2006

UK Auction Info
There has been a 60% increase in the number of properties being bought and sold at auction since 1998, according to a leading provider of auction information.
The Essential Information (E.I.) Group currently has information on over 300,000 past properties and details on over 35,000 future lots that are offered each year, worth in [...]

Bangkok property auctions

Tuesday, August 8th, 2006

The Legal Execution Department will lead auctions of 27 properties in the Min Buri area of Bangkok with a combined appraised value of at least 30 million baht.
The department will join Global Thai Property Mutual Fund and Palarp Property Management Co to stage auctions on Aug 22, Sept 5, 12 and 19 of detached houses, [...]