Commercial property auctions gain popularity, say industry players

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Platform is regarded increasingly as the quickest and simplest way to buy and sell property

SA buyers and sellers are turning increasingly to property auctions due to the efficiency and transparency the platform offers, according to industry players.

Listed real estate investment trusts , family businesses, as well as private and individual investors are selling noncore assets at auctions and replacing them with income-generating properties...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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