PPC sells a 418-hectare Arlington property in Harare, Zimbabwe, for $27 million, according to multiple outlets. The disposal follows a previously attempted sale that did not come to fruition, and the transaction is described as finalising the company’s exit from the asset.
One report says the buyer acquires the estate after an earlier deal failed, while others provide more deal context about PPC’s local unit. The Herald and New Zimbabwe both frame the sale as an announced transaction by PPC Zimbabwe (an 88%-owned unit) and highlight the location as Arlington, Harare. New Zimbabwe also states the company receives net proceeds of $21.4 million, linking the proceeds to the overall value reported.
Across coverage, outlets generally agree on the core facts: the property size (418 hectares), the sale price ($27 million), and the failed earlier transaction. Differences mainly concern who is credited with the sale (PPC vs PPC Zimbabwe) and what financial details are included.