Noelle du Preez, Author at Attacq

Mall of Africa receives Greenstar rating

Attacq Releases Interim Financial Results

Attacq Limited (“Attacq”), the JSE-listed REIT developing Waterfall City, released its financial results for the six months ended 31 December 2020, against a subdued economic backdrop, exacerbated by the COVID-19 pandemic and associated lockdowns.  The group’s distributable income per share declined by 57.5%. The decline is mainly due to R53.8 million in rental discounts granted,… Continue reading Attacq Releases Interim Financial Results

Waterfall Retains The World’s Best Title at International Property Awards

During the online virtual Grand Finale of the International Property Awards which took place at the beginning of 2021, Waterfall not only scooped the regional title of Best Mixed-use Development in Africa for the Waterfall development for the seventh year running but was subsequently also crowned winners of the Best International Mixed-use Development 2020/2021 for… Continue reading Waterfall Retains The World’s Best Title at International Property Awards

Global Fashion Retailer Cotton On to Relocate Waterfall

23 March 2021. Attacq Limited, the JSE listed REIT developing Waterfall City and Waterfall Logistics Hub, is proud to announce that Australian retail group, Cotton On, will build its new South African Campus within Waterfall’s Logistics Hub. Cotton On is one of Australia’s largest global fashion brands and has been operating in South Africa since… Continue reading Global Fashion Retailer Cotton On to Relocate Waterfall

Attacq’s Liquidity Position Strengthens

▪ Liquidity improved to R1.3 billion at period end ▪ Generated R885.1 million in cash proceeds post interim-period end through part disposal of investment in MAS Real Estate Inc. ▪ Group interest cover ratio of 1.40 times ▪ Distributable income per share declined by 57.5% ▪ Rental collection rate for the South African portfolio improved… Continue reading Attacq’s Liquidity Position Strengthens

SchoolShoes4Kids Campaign kicks off

No child should go to school without shoes. The Attacq Foundation is focused on delivering sustainable and impactful solutions within our core pillars of education, training and community development to enhance the standard of living and improve the well-being of Previously Disadvantaged Persons South Africa is besieged by poverty and many disadvantaged learners drop out… Continue reading SchoolShoes4Kids Campaign kicks off

Attacq’s client-centric approach boosts leasing activity

Attacq Limited (“Attacq”), the leading JSE-listed REIT, with a high-quality portfolio of commercial assets comprising office and mixed-use, retail, light industrials and hotel spaces valued at R20.4 billion as at 30 June 2020, has experienced continued positive leasing activity despite lockdown operating conditions. The developer of the iconic Waterfall City is in no way exempt… Continue reading Attacq’s client-centric approach boosts leasing activity

Ellipse Waterfall Exceeds One Billion Rand in Sales

1 March 2021. Attacq Limited (Attacq), the JSE-listed REIT developing Waterfall City and its JV Partner, Tricolt, is proud to announce that the Ellipse Waterfall development has continued to achieve incredible success, with total sales to date exceeding R1 billion. To date, 337 units have been sold in Ellipse Waterfall which is one of the… Continue reading Ellipse Waterfall Exceeds One Billion Rand in Sales

Waterfall Retains World’s Best Title at International Property Awards

Named Best International Mixed-use Development for fourth consecutive year Monday, 8 February 2021; During the online virtual Grand Finale of the International Property Awards which took place last Friday, Waterfall Management Company not only scooped the regional title of Best Mixed-use Development in Africa for the Waterfall development for the seventh year running, but was… Continue reading Waterfall Retains World’s Best Title at International Property Awards

Attacq Successfully Concludes Two Disposals

Monday, 01 February 2021 Attacq Limited, the JSE-listed REIT and owner and developer of the iconic Waterfall precinct, recently concluded two disposal transactions. The sale of 41.66 million shares in MAS Real Estate Inc. (“MAS”) for R500.0 million to an entity owned by the Mary Oppenheimer family interests. This transaction will result in the company’s shareholding… Continue reading Attacq Successfully Concludes Two Disposals