South Africans’ desire for new shopping centres is being insatiable as another mall enters the fray.

Investment holding company RMH today announced that will expand its current, single investment in FirstRand to create a property investment business.

Tuesday, 05 April 2016 12:04

Mall of Africa opens on 28 April

Developed on a scale beyond anything the country has known by leading South African property developer and investor Atterbury, the iconic new Mall of Africa is set to open in less than a month, on 28 April 2016.

Speculation and interest surrounding the nature of the iconic, concrete tower structure situated along the N1 highway near Allandale interchange, have recently peaked.

Attacq achieved a 27.6% growth in net asset value per share (“NAVPS”) adjusted for deferred tax for the full year compared to December 2014 and a year-on-year growth of 24.5% in NAVPS.

A new 148-room City Lodge Hotel has opened at Newtown Junction - Atterbury Property Developments’ ground-breaking R1.4 billion mixed-use development in the Joburg CBD.

Attacq, the pioneering JSE-listed capital growth property fund, has appointed accomplished property professional Pete Mackenzie as Head of Development, effective from 1 January 2016.

Atterbury Europe - a joint venture company formed by Atterbury Group and foreign investors - has launched its inaugural investment in the Serbian retail property market by joining forces with one of Serbia’s largest real estate development companies, MPC Properties.

South Africa’s inland shopping malls could be in for pleasing festive season sales as a result of the country’s struggling economy, according to Managing Director of Atterbury Asset Managers, Lucille Louw. This is because fewer families can afford to take holidays this year.

Actis, a leading emerging markets investor, RMB Westport, a notable sub-Saharan Africa real estate investment management and development group and Paragon Holdings, a leading Nigerian investor group today confirm the sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate capital growth fund.

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