Delta Property Fund, which has a mostly government tenant base, is at an advanced stage of negotiations to sell 29 of its properties, as part of its strategy to improve the company by selling selected properties, cutting debt, improving costs and reducing vacancies. The company, valued at about ZAR 171 million on the JSE, said on November 28, 2023 in its results for the six months to end-August that it is looking to offload 43 noncore assets, valued at ZAR 2.2 billion, including the 29 that are in advanced stages of talks, and five properties, valued at ZAR 124.5 million, expected to be sold in the next six months.