Cape Thoroughbred Sales (CTS) announced on Tuesday an expansion of their business interests via a joint venture with In2assets, South Africa’s leading online auction company specialising in commercial, industrial, agricultural, and residential properties.
Durban-based, In2assets is a partnership of four individuals, managed by Hein Hattingh – who happens to be a racehorse owner - with Andrew Miller as Group Auctioneer.
Miller, the thoroughbred industry’s most experienced auctioneer, with his own wide-ranging experience in auctions of other commercial natures, commented: “In2assets has been doing business for 16 years. We have a team of marketing experts with 50 years collective experience in digital media and state-of-the-art technology, which makes transactions seamless, using online auction technology.”
He added: “We have sold in excess of R5-billion worth of properties, including the Richards Bay Shopping Centre, the Berg View Complex in Harrismith, and, during lockdown, we sold a warehouse complex in Jacobs, Durban, for R85-million in an online deal.” Miller echoed Knowles’ assessment that CTS is an ideal partner for his concern and said: “We have offices in Durban, East London, Johannesburg and Gqeberha, and having a base in Cape Town with an established partner like CTS, is the next step in our growth and development. For them, it is about expansion of their interests; for us, it is about creating awareness of our business expertise and our access to high-profile buyers. There is a synergy between us which we will employ for the best service and results.”
Any business or property owners seeking advice for the sale of their properties or farms, please get in touch with Grant Knowles or Jacques Chowles at CTS.
Grant: [email protected]
Jacques: [email protected]
Phone: (+27) (0) 21 - 8730734