The sale is part of the JSE-listed company’s strategy to offload non-performing assets
Delta Property Fund, which has a mostly government tenant base, has sold one of its properties in Pietermaritzburg as part of its strategy to offload assets that it deems to be no longer useful.
DMFT Property Developers is buying Capital Towers in Pietermaritzburg for R65.6m from the company, which is valued at R193m on the JSE...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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