Waterfall – ATTACQ has received the MSCI South Africa Real Estate Award in 2016 for best performing property fund in the office sector from MSCI, a leading provider of research-based indexes and analytics, at the 14th MSCI Real Estate Conference at the Table Bay Hotel in Cape Town. Attacq achieved a return of 16.5% and thus securing the top honours in the office sector.

Friday, 15 July 2016 17:29

Creative approach to doing business

Attacq is a leading capital growth fund in the real estate sector founded in 2005. It acquired the Waterfall development rights in 2008.

The joint venture has acquired 28ha of Waterfall land from Attacq and an additional adjacent 100ha from the Mia family, securing a total of 128ha of usable land on the eastern side of the N1 freeway and south of the Allandale interchange.

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

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.

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.

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.

Waterfall’s Distribution Campus has been chosen as the site for the future headquarters of leading African industrial group, Torre Industries’ Torre Lifting Solutions division. 

Attacq’s much-talked-about Mall of Africa, the largest single-phase shopping centre yet to be built in SA, is more than 90% let and on track to open its doors at Waterfall City in Midrand.

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