Archive for September, 2007

Warning over Australian online property auctions

Saturday, September 29th, 2007

New South Wales’ Minister for Fair Trading Linda Burney says people who are thinking about taking part in online auctions should make sure the transaction is legal.
Several real estate agencies will hold online auction for houses across the state from next month.
Ms Burney says the laws covering auctions in New South Wales are designed to [...]

Marsh plans to auction 27 sites in Midwest

Saturday, September 29th, 2007

Marsh Supermarkets has retained a Florida-based auctioneer to sell 27 surplus properties throughout Indiana and Ohio, the auction company said Friday.
“Although these properties no longer fit into the future plans of Marsh, they are located in many prime markets around the region, with some of the locations being no more than a few years old [...]

Roosca riverside land for sale

Tuesday, September 25th, 2007

FULL planning permission for a two-storey residence will boost interest in the sale of a 193ac farm in Co Tipperary.
Christy Buckley Auctioneer, in Ballinhassig, Co Cork, is handling the private treaty sale of the farm at Roosca, Cahir, which comes with an asking price of around €3m.
According to Mr Buckley, the land is top quality [...]

California-Based Company Franchises Auction-Concept

Tuesday, September 25th, 2007

Bakersfield, California-based Pacific Auction Exchange Inc. (PAX), a real estate auction company, says it expects the popularity of its business model to grow in the current real estate market.
In a press statement, PAX said it has franchised the real estate auction format and attempts to have 150 units up and operating by August of next [...]

Collinsville Holiday Inn to be sold at auction

Sunday, September 23rd, 2007

The Holiday Inn will be sold at a judicial auction next month.
Attorney Laurie Judd, of Johnston, Henderson & Pretorius law firm in Springfield and Peoria, handled the foreclosure proceedings and confirmed the auction will be held at 1 p.m. Oct. 18 at the Madison County Courthouse.
The 229-room hotel is located at 1000 Eastport Plaza Drive. [...]

Ritchie Bros. to sell former Longmont location

Friday, September 21st, 2007

Ritchie Bros. Auctioneers plans to sell 36 acres of land less than a mile from the proposed Union Pacific multi-modal facility next week in an unreserved bid.
The property is the former Ritchie Bros. location, empty since the company moved into a 160-acre Longmont site in April 2006.
“The question on everyone’s minds is why would we [...]

Sukhothai penthouse could fetch B180m in global auction

Friday, September 21st, 2007

Hong Kong-based HKR International Limited (HKRI), the owner of the Sukhothai Hotel on Sathon Road, would launch sales of the new luxury condo on the same site in the fourth quarter, said director Benjamin Cha.
The unit being offered, likely to be a 1,200-square-metre duplex, would be among nine penthouses each with 18- metre private swimming [...]