Search:  
Gauteng Business News
2668
VIEWS

Send  Share  RSS  Twitter  26 Oct 2010

PROPERTY: Savile Row Auctions Closes

 





Recent Gauteng Business News

Lew Geffen, chairman of Sotheby’s International Realty in SA, has said that the closure of Savile Row Auctions Holdings would have no effect at all on his 30-year-old estate agency business Lew Geffen Sotheby’s International Realty.

On the contrary, he said, Lew Geffen Sotheby’s International Realty was enjoying great success, with sales volumes in the year to date up 30% on the same period of 2009, and turnover showing a healthy 9% increase. The company had also enjoyed a record sales month in September.

Geffen said he had resigned as chairman and director of Savile Row some months ago after a difference of opinion with the other directors. He had also directed that the company be reported for reckless trading to the Independent Regulatory Board for Auditors (IRBA), the statutory body controlling public accountancy.

Following that, he had ceased to have anything to do with the running of Savile Row, and there had been no further communication between himself and the remaining directors of Savile Row.

Geffen also said there had never been any formal business link between Savile Row and Sotheby’s International Realty, and the initial co-operation between the two businesses after Savile Row was launched last year had long since ceased.

 
 
 
study-it-onlinespaceacredecor-and-furniturejane-shonfeld
 
   
 
 
 
  Accomodation
Accommodation


Online Foreign Exchange
Foreign Exchange


Directory
Directory


Fax
Fax 2 Email


Finance
Finance


Furniture
Furniture


Casino
Online Casino


Restaurant
Restaurant


Auctions
Shop Online


Study IT
Study IT Online


Web design
Web Design


Weddings
Weddings


Work
Work from Home
 
 
 
 
 
Company News
 
 

 

© 2019 www.gbn.co.za. All rights reserved.

Daily Newsletter Subscription

 

Subscribe to the Gauteng Business News Daily News and information email (it's free).

Thank You
Your email address has been added.

Name:
Email Address: