Attacq Waterfall Investment Company (Pty) Ltd (“AWIC”) holds the development rights to the Waterfall City and is 100% owned by JSE listed company Attacq. Attacq, as a leading South African growth fund in the real estate sector, has a current property portfolio of more than R20,0 billion. It has a level 4B-BBEE status and supports various corporate social programs.
Attacq focuses on long-term sustainable capital growth achieved through actively investing in and managing land, property development rights and investment properties and benefiting from key long-term strategic relationships and alignments. Capital appreciation on completed properties and vacant land is supplemented by development and redevelopment profits generated within the Company.
The business has two focus areas: investments and developments. Investments comprise completed buildings held directly or indirectly. The Group’s properties, property-related rights and land are in respect of office, mixed use, and light industrial properties and developments. A number of the current investment properties were developed retail by Atterbury Property. Developments comprise greenfields development of land or brownfields development by refurbishment, upgrade or other improvement to existing buildings.
The Group’s focus on long-term sustainable capital growth will differentiate itself from other JSE-listed property entities that focus on the generation and regular distribution of income to shareholders. Attacq is not a REIT as the REIT regulatory regime is intended for property entities focused on income distribution rather than capital growth.
Latitude: 26° 0.786’S
Longitude: 28° 6.208’E
Open this page in your smartphone’s browser and then click on “(directions to our address)”. This will open Google maps, so you can navigate to this marker.