Attacq Limited (“Attacq”), a South African-based and JSE listed REIT, today reported results for the year ended 30 June 2018.
Emira Property Fund has raised a further R450m in debt to help fund the extensions of its Wonderpark Shopping Centre in Pretoria and to pay back the balance of the notes that were issued by Freestone Finance Company (Pty) Ltd in March 2008 and were due for repayment early next year.
"The property’s sale shows that despite the continued volatility in the real estate market, good quality properties in prime nodes continue to experience high demand amongst investors", says John Hislop of Auction Alliance.
Auction Alliance will take a prominent, high visibility, Pretoria-North retail and office building to auction in December.
Auction Alliance will take Campbell Court, a mixed use retail and residential property located in Klerksdorp, to auction in December.
Auction Alliance will take a commercial opportunity in Booysens, Johannesburg South, to auction in December.
Auction Alliance will take various sections in Heylon Court, a residential and retail property on Sea Point Main Road, to auction in November.
Auction Alliance will take ‘A’ grade office buildings in Centurion to auction in November.
A double storey office block with six sectional title units in the secure Woodhill Office Park goes to auction in November.

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