Euro Auctions opens in Australia

Euro Auctions, construction plant and industrial equipment auctioneers, has opened a new auction site in Australia, in response to demand in the region and its buoyant economy.

Euro Auctions said that the decision to establish a base in Australia is strategic in light of the buoyancy of the Pacific Rim economies, and it has been further driven by increased demand for equipment, plant and machinery from Australia and surrounding regions. In addition Euro Auctions' customers in the UK and Europe have been demanding better links between Europe and the Australasian market, with added interest from customers in Australia strengthening the need for an auction sales base in the southern hemisphere.

The new Euro Auctions site is located in the region of Pinkenba, Queensland, 30 minutes from the Port of Brisbane, and 20 minutes from Brisbane Airport. The overall site covers approximately 10 acres and should initially host four auctions a year. The infrastructure of the new Euro Auctions site will include a main standing area where machinery will be displayed 'pre sale'; the main auction theatre; a customer reception facility; administration facilities; on-site catering; as well as transportation 'load' and 'un-load' areas.

The continued strength of the mining sector in Australia has led to strong demand for construction equipment, plant and machinery. Part of this overwhelming interest is due to the demand Australia is experiencing from the Far East for raw materials, with much interest coming from China.

Jonnie Keys, general manager at Euro Auctions said, "Euro Auctions has a strong international seller and buyer base, with an existing contingency of customers in the Far East who consign to other Euro Auctions sales and will consign to the new auction facility in Brisbane. In addition, Euro Auctions has a loyal ex-pat following now working in the Australian construction and mining sectors who are familiar with the Euro Auctions brand, and will create local awareness in the region."

Euro Auctions has auction sites in Northern Ireland, UK, Germany and Spain.