Attacq‚ previously Atterbury Investment Holdings‚ has raised R512m in a "heavily oversubscribed" private placement and has closed its book build‚ the company said on Wednesday.
The abridged prospectus and annual results published by Attacq clearly underline the quality proposition that the unlisted property development fund will bring to the market when it makes its debut on the JSE next Monday.
Capital growth company Attacq posts a R728.8m profit for the year ended June 30 compared with a profit of R559m the previous year.
Delta Property Fund acquires Atterbury Parkdev Consortium shares in Harlequins Office Park for R136m
Atterbury has announced it is developing the 120,000sqm Mall of Africa, for R3.5 billion – South Africa’s largest single-phase shopping mall development to date – financed by Nedbank Corporate Property Finance.
Cell C head office mixed use development at the Waterfall Business Estate is one of the most ambitious commercial development of its kind being undertaken in South Africa at present.
Ascension Properties (AIA) has bought Atterbury House in Cape Town‚ which includes the property and buildings known as Shell House and Ovenstone House from Atterbury Investment Holdings (AIH)‚ the company said on Wednesday.
Funding via the bond market is considered as more transparent than conventional debt, with listed property funds accessing capital at more attractive rates
The Competition Tribunal has unconditionally approved a merger deal involving Growthpoint Properties and Design Square.
The Competition Tribunal on Wednesday unconditionally approved the merger between Atterbury Investment Holdings (AIH) and Abacus Property Holdings (APH)

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