Comair head office goes on auction

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Comair head office goes on auction
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Comair went into liquidation in June 2022 after the businessrescue process the airline embarked on in 2020 failed to raise the necessary funding needed to keep it in the skies. Moneyweb

The Kempton Park head office of defunct airline Comair is set to go on auction next week. In an emailed response to Moneyweb on Thursday, Van’s Auctioneers confirmed that the online auction of the 4 400m2 property in Bonaero Park in Gauteng is scheduled to take place on 15 and 16 March. Comair went into liquidation in June 2022 after the business rescue process the airline embarked on in 2020 failed to raise the necessary funding needed to keep it in the skies.

Read: Comair liquidation could see domestic travel cost up to four times more Jhb-Cpt flight prices spike to R6k return, if you can find one Global property market faces $175bn debt spiral Local developers and property owners are battling elevated office vacancies as companies look to strike a balance between employees who prefer to work from home and those who have to be at the office.

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