Real Estate Investor Magazine South Africa December 14/ January 15 | Page 43
COMMERCIAL
REI COMMERCIAL
Go-Dove re-appointed to
auction Telkom properties
Expert Q&A
Kim Faclier, Go-Dove
SA Managing Director for Property
G
o-Dove has been re-appointed to dispose of properties around South Africa on behalf
of Telkom.
Kim Faclier, Managing Director of Property for Go-Dove SA (Pty) Ltd says, “It’s an
honour to be re-appointed by Telkom to again assist in disposing of the telecommunications
parastatals numerous properties, through live and on-line auctions.”
In March, more than R130 million worth of properties were sold by public auction in
Cape Town, Gauteng and Bloemfontein, by Go-Dove’s lead auctioneer, Joey Burke.
“More than 24 000 page views took place on the Go-Dove website, with more than 2
145 bids placed over a 24 hour period,” says Faclier.
“The Go-Dove back-end system allows full tracking capabilities of the entire bidding
history from registration right through to the end of the sale, all in real time. The system
provides the transparency, corporate governance and full audit capabilities that Go-Dove’s
large corporate, parastatal and government client base require.
“Go-Dove’s proprietary-owned software, provided two additional successful on-line
auctions. Another 25 properties were sold, and for this auction more than 894 bids were
placed through the on-line system, with 72 registered bidders and 14 640 page views on
the website.”
Mark Kleyhans
National Commercial Head
Aucor Property
The auction environment has seen growth over the past year and has
shown mettle in the face of external factors. The market is a dynamic
one and as buyers and sellers come to realise the true benefits of using
the auction method as a preferred sales mechanism, we are seeing
excellent volumes of both quality stock and buyers at auctions. 2014 has
been a phenomenal year. In 2015, we can expect online bidding to grow
in popularity, the same world-class auction expertise, great investment
opportunities and excellent service for all buyers and sellers.
Amelia Beattie
Chief Investment Officer
Stanlib Direct Property Investments
Issues such as unsecured lending, most especially in retail, pose a further
risk and have the potential to derail the sector as the practice is placing
large amounts of stress on the economy. This brings the subject of current
business rescue legislation under the spotlight, as it is not serving the
needs of all the parties, and in fact prejudicing some. It forces landlords
to accept greatly reduced rentals and not allow cancellation of the l