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News 2026-09-18 06:02 UTC

Mpact sells Versapak Paarl property for R 185 million

Mpact entered an agreement to sell the Versapak Paarl property as a going concern for ZAR 185 million, VAT zero-rated. Inospace 5 will buy, with the right to nominate Inofort, a joint venture with Fortress Real Estate Investments. Closing is expected in Q1 2027, subject to releasing a mortgage bond over the property. P