PACE Properties

PACE Property Group established PACE Auctions in 2004.

The auctions division was established due to the growing demand from property owners and investors seeking a vehicle to efficiently and fairly dispose of or acquire fixed assets.

In 2005, PACE Auctions secured property mandates in excess of R50 Million, and concluded various international auction instructions. Historically, auctions were not used as a first resort by sellers, however, PACE has seen a shift in sentiment with the advantages of auctions fast gaining momentum.

A few of those advantages are:

Stimulation of market competition
Quick turn-around times
Unsuspensive, transparent & fair transactions.