An unknown buyer entered into an agreement to acquire Murchison Mall from Resilient REIT Limited (JSE:RES) for approximately ZAR 390 million in December 2020. The sale is subject to conditions normally associated with transactions of this nature, particularly Competition Commission approval. In first half of 2021, the Board approved the disposal of Murchison Mall. As of May 25, 2021, All conditions precedent for the sale of Murchison Mall have been met and the Competition Commission process is currently underway.