German commercial real estate auction platform propertybid.de has set up an English-language version of its site.

German commercial real estate auction platform propertybid.de has set up an English-language version of its site.

Wiesbaden-based auction business Auktion & Markt launched propertybid in May 2013 and held the platform's first online auctions over the summer.

It said more properties with a particular focus on retail and located throughout Germany are to go under the hammer. Auction dates have been set for the second half of October to give potential bidders enough time to carry out due diligence before bidding starts.

See propertybid.de for more details.