About Attacq
Focused progress
2018
- Converted to a REIT
- Revised executive management (exco)
- Completed five new buildings and one extension in Waterfall, adding 103 541m2 PGLA to our SA portfolio
- South African Property Owners Association (SAPOA) awards for best corporate development for PwC Tower and best industrial development for BMW Group SA Regional Distribution Centre
- Started development of Deloitte head office
- Successfully refinanced R5.7 billion of debt
- Recycled R524.0 million capital by exiting investments in Artisan, Stenham and the Grove Mall of Namibia
2017
- Revised strategy into a more focused approach, ahead of converting to a REIT
- Completed four new buildings in Waterfall, adding 70 914m2 to our SA portfolio
- Internalised development function
- Included in FTSE4Good Index series
- Recycled R1.9 billion capital by exiting investments in Cyprus, Serbia, Pemba and eight industrial buildings
2016
- Mall of Africa opened as the largest first-phase mall development in South Africa
- Completed eight new buildings in Waterfall, adding 127 198m2 to our SA portfolio
- Partnered with:
- Barrow Properties Proprietary Limited (Barrow Properties)
- Equites Property Fund Limited (Equites)
- Sanlam Life Insurance Limited (Sanlam)
- Zenprop Property Holdings Proprietary Limited (Zenprop)
- Acquired 25.0% of Ikeja City Mall, Nigeria
- Recycled R1.3 billion capital by selling the remaining 50.0% of Great Westerford (Western Cape), our investment in Mauritius and a number of MAS shares
- Invested in Cyprus and Serbia
2015
- Completed 13 buildings in Waterfall, Lynnwood Bridge precinct and Newtown precinct, adding 150 850m2 to our SA portfolio
- Refinanced our retail portfolio using R3.2 billion of existing debt
- Raised USD51.0 million debt facility
- Recycled capital: disposed of three properties in the Retail Africa Wingspan Investment portfolio, and our interest in Rapfund Holdings Proprietary Limited
2014
- Listed on the JSE on 14 October 2013
- Completed five buildings in Waterfall, adding 82 315m2 to our SA portfolio
- Internalised our asset and property management
- Raised R2.3 billion by issuing new shares
- Recycled capital: sold Sanridge Square, Atterbury House, De Ville Shopping Centre and Harlequin Office Park