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- 1970
- 2009
- 2010
Colliers International Auctions to open KwaZulu-Natal branch
Posted: 1st October 2009
Colliers International, the JSE-listed real estate group, is expanding its auction business by opening Colliers Auctions in KwaZulu-Natal. The branch will be headed by Garth Botton who has in excess of 20 years' experience in all facets of the property business including auctioneering, and he will launch the branch at the Durban Country Club on Sep 30.
"KwaZulu-Natal has always been an auction-savvy market," says Botton. "The residential and commercial auction markets are well established in the area and we expect to see strong growth from the industrial sector in the future as it has been lightly tapped to date."
"We believe the KwaZulu-Natal region will make a strong contribution to our business as it builds on our experience and success in the commercial, agricultural sector, particularly in the Midlands region," says MC du Toit, CEO of Colliers Auctions (Pty) Ltd. "We have an experienced, knowledgeable team that can assist both sellers and buyers."
Colliers Auctions KwaZulu-Natal is looking to expand that team with another three members in the near future. Botton says the focus will be on experienced people with a thorough understanding of the industry and the mechanics of the auction process.
"Although people in the region are generally clued up on auctions, and are proactive entrepreneurs when it comes to broking deals, there are many who are afraid of the auction process simply because they don’t fully understand it," he says. "Our team is there to service all the needs of the market, including educating potential sellers and buyers, on the process from beginning to end and how best to go about it."
He adds that Colliers Auctions applies all the regulatory requirements for auctions and uses a check system with clients to ensure that all the steps in the process are properly followed. The business, although launching in September, has already started operations. Eight properties were put on auction in August and September with several successful sales.
Contacts:
MC du Toit, Colliers Auctions (Pty) Ltd, (011) 340-3301, mcdt@colliers.co.za
Garth Botton, Colliers Auctions (Pty) Ltd, 083-681-9270, garthb@colliers.co.za
Usman Aly, Predictive Communications, (011) 452-2923, usman@predictive.co.za
"KwaZulu-Natal has always been an auction-savvy market," says Botton. "The residential and commercial auction markets are well established in the area and we expect to see strong growth from the industrial sector in the future as it has been lightly tapped to date."
"We believe the KwaZulu-Natal region will make a strong contribution to our business as it builds on our experience and success in the commercial, agricultural sector, particularly in the Midlands region," says MC du Toit, CEO of Colliers Auctions (Pty) Ltd. "We have an experienced, knowledgeable team that can assist both sellers and buyers."
Colliers Auctions KwaZulu-Natal is looking to expand that team with another three members in the near future. Botton says the focus will be on experienced people with a thorough understanding of the industry and the mechanics of the auction process.
"Although people in the region are generally clued up on auctions, and are proactive entrepreneurs when it comes to broking deals, there are many who are afraid of the auction process simply because they don’t fully understand it," he says. "Our team is there to service all the needs of the market, including educating potential sellers and buyers, on the process from beginning to end and how best to go about it."
He adds that Colliers Auctions applies all the regulatory requirements for auctions and uses a check system with clients to ensure that all the steps in the process are properly followed. The business, although launching in September, has already started operations. Eight properties were put on auction in August and September with several successful sales.
Contacts:
MC du Toit, Colliers Auctions (Pty) Ltd, (011) 340-3301, mcdt@colliers.co.za
Garth Botton, Colliers Auctions (Pty) Ltd, 083-681-9270, garthb@colliers.co.za
Usman Aly, Predictive Communications, (011) 452-2923, usman@predictive.co.za
Posted by: Colliers Auctions (Pty) Ltd
