Attacq's flagship Waterfall development, a trail-blazing mixed-use property development centrally situated between Pretoria and Sandton, is changing the landscape of Gauteng, with developments valued at more than R7 billion already developed or secured.
Property leaders, Hyprop Investments Limited ("Hyprop") and Attacq Limited ("Attacq") have restructured their investment in African Land Investments ("African Land"), whereby Hyprop, through its wholly-owned subsidiary, Hyprop Mauritius,willhold 50% in Manda Hill, African Land's only asset.
Waterfall City development is driving Africa’s fastest-growing urban node, marking the next wave of its ambitious commercial development at the landmark Waterfall Business Estate.
Attacq poised for a year of growth. Since its successful JSE listing on 14 October 2013, its share price has consistently traded around the R18 mark with strong demand and positive sentiment.
Bringing its unique investor proposition to market, Attacq Limited today listed on the Main Board of the JSE, under the Real Estate - Real Estate Holdings and Development sector, with the short code “ATT”.
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.
Attacq Limited, previously Atterbury Investment Holdings, today formally announced its plan to list on the main board of the JSE under “Real Estate – Real Estate Holdings and Development” sector.
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.
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