Real Estate Investor Magazine April 2025 edition April 2025 edition | Page 120
By Shirley le Guern
Commercial
By Shirley le Guern
From fire sal restructuring Auction Co re in the modern
Companies like The High Street Auction Co – better described as a structured sale specialist – have an invaluable role to play when disposing of an asset and restoring liquidity through business rescue.
It is in this spirit that Greg Dart has led High Street Auction Co to work closely with George Nell and Gideon Slabbert of the Corporate Business Advisory in what has up until now been referred to as‘ Project X’ – the now approved business rescue plan for The Success Academy which has a corporate portfolio with a replacement value in excess of R3 billion.