15/06/2026
Galetti concluded R328 million in property sales in May alone, accounting for nearly half of all auction sales across South Africa that month. But for Ricardo Gomes Da Silva, Auction Managing Director at Galetti, the numbers are only part of the story.
"Property is what we transact in, but information and marketing are what we specialise in," he says. "An auction is still about getting a result for the seller, but there's no reason it can't also be a place where people spend time, meet other investors and discuss what's happening in the market."
It's a vision now anchored at Galetti's new Johannesburg auction home at Nine Yards, Rosebank, where deals meet dialogue.
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://everythingproperty.co.za/property-auction-market-poised-for-50-growth-as-galetti-records-r328m-in-may-sales/
Galetti expects the auction market to grow by as much as 50% during the 2026/27 financial year, driven by increasingly sophisticated buyer targeting, data-led sales strategies and growing investor participation.