Sasol Pension Fund entered into an expression of interest Eden Meander Shopping Centre situated on Erf 26207 and together with vacant land on Erf 26832 from Accelerate Property Fund Limited.

Sasol Pension Fund entered into an expression of interest Eden Meander Shopping Centre situated on Erf 26207 and together with vacant land on Erf 26832 from Accelerate Property Fund Limited (JSE:APF) for ZAR 521 million on August 23, 2023. The final purchase price will be determined following the due diligence investigation. The transaction is subject to The Entering into a binding sale agreement by the parties, The satisfactory outcome of a due diligence investigation of the property, which includes the confirmation of all zoning and town-planning approval, Competition Commission approval, Approval of Sasol Pension Fund?s Investment Committee of the Proposed Transaction and Accelerate shareholder approval.

The transaction is expected to be completed in November 2023.