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Delprop - proposed disposal and update
The Company has entered into a sale of letting enterprise agreement with NXTGEN Student Housing (Pty) Ltd., to dispose of the property situated at 1077 Arcadia Street, Hatfield, Pretoria, Gauteng, including immovable assets, known as "Hatfield Forum East", for a cash consideration of R35.0 million.
Voluntary announcement regarding the successful transfer of In2Fruit and 88 Field Street
Delta shareholders are further advised that the Company has now successfully concluded the disposal and transfer of Erf 1281 Ekurhuleni ("In2Fruit") to Middle Road Property (Pty) Ltd. (as previously announced on 28 October 2024) and Erf 11784 Durban ("88 Field Street") to Jordisys (Pty) Ltd. (as previously announced on 11 April 2025).
The net proceeds of the disposals of In2Fruit and 88 Field Street have been utilised to settle outstanding debt in respect of those properties.
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