KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

Message from the CEO

LEADING THE INDUSTRY

Jonathan Russell Smiedt

Chief Executive Officer

September is Heritage Month and as South Africans we will be celebrating our diverse, colourful and ultimately united heritage. At ClareMart we are also celebrating a milestone this week as we publish the 100th edition of the ClareMart Auction Guide, our weekly Guide on all Auctions Nationwide that appears in the Weekend Argus.

We introduced the first Auction Supplement into the Weekend Argus over a decade ago. This raised the bar as to how auctioneers marketed their auctions and attached a more corporate image to Auction marketing.

In 2014 we launched our own ClareMart Auction Guide, which 100 editions later, has become an integral part of how newspaper readers engage with property content. The ClareMart Auction Guide brings a unique selection of nationwide real estate and general auctions and allows the property reader to gauge the market and make informed decisions on their property needs.

We have also just concluded our August multiple auction at the One&Only Hotel, which was as usual, packed to capacity and are confident that the prices obtained were the best in the current economic climate. In particular, a high profile insolvency auction of a Constantia home attracted significant attention from investors. The offer is still subject to acceptance from the liquidators and we aim to finalise the matter shortly.

September is already packed with an incredible selection of platinum, commercial, on-site and legal auctions across the property spectrum.

We have again been instructed by KPMG, in an insolvency matter, to take to auction a spectacular four-bedroomed mansion in Muizenberg, with panoramic, ocean, mountain and lake views on Tuesday 19 September.

A varied selection of development land in Velddrif on the West Coast goes under the hammer at the next multiple auction on 27 September and offers great potential for subdivision and further development. With the ongoing infrastructure upgrade and expansion along the West Coast, Velddrif has become a significant location, with increasing demand for property.

A varied selection of development land in Velddrif on the West Coast goes under the hammer at the next multiple auction on 27 September and offers great potential for subdivision and further development. With the ongoing infrastructure upgrade and expansion along the West Coast, Velddrif has become a significant location, with increasing demand for property.

A 721m² ambassadorial residential homestead in Stellenbosch, nestled between mountains and vineyards, is likely to draw the cream of the crop of property connoisseurs at an on-site auction on 29 September.

Claremart was instructed in a liquidation matter, to auction 10 commercial units on-site, in “The Towers”, a highly sought after building in Paarl Main Road, on Tuesday 3 October. Here the demand for commercial space by far outweighs the supply.

In a deceased estate matter, a cozy two-bedroomed home in the popular St John’s Road Sea Point will be auctioned on-site on Friday 6 October.

We’ve built our heritage on creating a viable mechanism for buying and selling property and the South African public are becoming more aware of the advantages and benefits over any of the traditional real estate channels. The auction market share continues to grow as institutions, large corporates, government departments and the general public look for faster and more competitive market avenues to ultimately achieve the best results.

I am proud of our heritage and the ClareMart Team, and as industry leaders, will continue to present the market with a top of the line service and a host of premier auction events nationwide.

See you on the auction floor.

Jonathan Russell Smiedt
Chief Executive Officer