Leading national commercial and industrial property auction house In2Assets has delivered another landmark result in its ongoing partnership with telecommunications giant Telkom. On September 17th, the firm successfully completed the disposal of a national portfolio of 17 Telkom properties, achieving a 100% sold rate under the hammer and exceeding price expectations by 60%.
The high-profile national auction event generated intense competition among prospective investors, recording 820 enquiries and 77 fully registered bidders, culminating in a total gross turnover of R19 million.
The offering comprised 17 strategically located properties spanning six provinces across South Africa: Gauteng, Western Cape, KwaZulu-Natal, Free State, Mpumalanga, and Limpopo.
Strategic Asset Realisation for Telkom
The properties brought to market represent key non-core assets that historically served a vital operational role in South Africa's telecommunications infrastructure, including:
- Telephone data exchange facilities
- Regional telephone service hubs
- Vacant commercial land and redundant administrative buildings
As Telkom continues to optimize its property footprint and transition toward next-generation digital, fibre, and data infrastructure, the disposal programme unlocks substantial capital while allowing private investors, regional developers, and owner-occupiers to redevelop historically well-positioned assets.
A Track Record of Unbroken Success
This latest auction marks the 8th national portfolio event conducted by In2Assets on behalf of Telkom since 2023. The consistent 100% fall-of-the-hammer clearance rate across these multi-property events underscores the depth of buyer demand for realistically priced corporate infrastructure and the effectiveness of In2Assets' targeted marketing campaigns.
"Achieving a result 60% above initial expectation demonstrates the tremendous power of national marketing campaigns, transparent, competitive bidding," commented Rowena Moodley MD of In2Assets. "When corporate assets are exposed to our national network of verified investors, the market responds decisively. We are proud to continue delivering exceptional value and execution certainty for Telkom."
ECDC Appoints In2Assets for Major November 2026 Multiple Auction
With publishing this release, the Eastern Cape Development Corporation (ECDC) has once again appointed In2Assets to conduct a major Multiple Auction in November 2026, (date to be confirmed) featuring the disposal of an impressive portfolio of 56 properties.
This latest mandate further underscores the scale and significance of In2Assets’ role in facilitating the strategic disposal of ECDC’s property assets through the auction process.
With the successful result of the September 17th disposal, In2Assets continues to set the standard for institutional property asset rationalisation and commercial auctions throughout Southern Africa.
About In2Assets
In2Assets is one of South Africa's leading commercial, industrial, and institutional property auction firms, specializing in individual high-value asset disposals and major corporate portfolio sales.
In2Assets—pairing property with expertise and delivering results through transparent, competitive and nationally accessible property auctions.
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