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.

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.

Mall of Africa is scheduled to open its doors in April 2016 in the heart of Waterfall City.

Nedbank Property Finance has again shown its confidence in and support of proven developers by granting a total loan of R1.35 billion to Attacq Waterfall Investment Company (Pty) Ltd (AWIC) for three new developments in the Waterfall City Precinct in Midrand, Gauteng.

Driving through Midrand will soon be a whole lot easier thanks to a new R160 million highway overpass bridge being constructed by Waterfall City.

Atterbury Property will develop the new head office of PwC at Waterfall City, Midrand, which will be an iconic 26 storey building and the first high-rise within the booming precinct.

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.

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