Green shoots are sprouting in the KwaZulu-Natal property sector, a region that the High Street Auction Co is targeting for growth during the second half of 2025, says director, Greg Dart.
“We’ve got a huge pool of Gauteng investors looking to redeploy capital out of this region. While many local competitors in the auction space are reticulating existing money in the province, High Street has an investment pool that will inject new capital into the region.
The auction floor today is where the rubber of economic theory meets the road of investor sentiment, says Greg Dart, a director of High Street Auction Co, a pioneer in the South African auction space. Speaking ahead of High Street’s latest multi-property auction...
The decision by the Reserve Bank Monetary Policy Committee to cut the repo rate by an expected 25-basis points is to be welcomed. Since September last year, the Monetary Policy Committee has remained cautious, keeping a strong hold on borrowings in light of ongoing geopolitical tensions and economic uncertainty. This latest move will inject some positivity into the economy.
Media Release July 2025 For High Street director, Greg Dart, not only does the auction platform unlock liquidity in the marketplace for private investors or state owned enterprises with large property portfolios that no longer match their future business strategies...
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.
Director Lance Chalwin-Milton says that this premier event that will be hosted simultaneously over two days in Johannesburg and Cape Town also opens the way for global sellers and bidders to access new markets.
“We expect to have buyers from all over the world phoning in for a rare watch or classic car. The beauty and strength of our online bidding app is that it works seamlessly no matter who and where the auctioneer is. We are creating a global market, rather than just a market of the people sitting in the room or immediately around us in South Africa,” he says.
