Orion sells City Deep property for R16m

Orion Real Estate (ORE) said on Tuesday that its subsidiary‚ Ixia Trading 532 Pty Ltd‚ had agreed to sell Erf 57 City Deep Ext 1 Township and Portion 1 of Erf 58 City Deep Ext 1 Township to City Deep 4X4 Commercial Spares for R16m‚ to be settled in cash.