Page 14 - Waterfall January 2022

Waterfall News

A WoRd FRom

ATTACq’s CEo

Jackie van Niekerk our business. We concentrated on
creating value for our clients whilst
highlights the pursuing growth opportunities
aligned with our strategic focus that
successes and embraces business disruption. As
such, last year our portfolio saw robust
challenges of 2021 collection rates of 95%, concluded

and looks forward to a leasing deals of 41 939m² and our
residential roll‐out continued with
prosperous 2022 just over 507 units sold. Additionally,
Waterfall City secured 39 195m² of
new client-led developments, over
and above the ongoing healthy
A s we start a new year pipeline our teams are working on.
with refreshed minds
after a restful Festive
Season celebrated with Our quality retail centres demonstrated
resilience, reporting a weighted
our loved ones, I’d like to take a Jackie van Niekerk average of 4.4% growth in trading
moment to reflect on the year that density, as per our pre‐close update
was and the year that will be. (November 2021). It is encouraging to
many storms as a company and as witness the trading levels returning to
It is difficult to think about 2021 a country – but now is the time to pre‐COvID levels, with further growth
without considering the impact the deepen the roots, which we will expected this year. Last year, we
COvID‐19 pandemic has had on our undoubtedly continue to do at Attacq. welcomed Ted Baker, Clicks Baby, a
lives, our families, our communities new concept HiFi Corp, Nando’s and
and our businesses to date. It has We have demonstrated that our De Jagers, to name but a few new stores.
pushed us at Attacq to challenge the company values go beyond our These exciting clients encapsulate
way we think about our company, corporate responsibility, our the desired retail experience hub we
act responsively, and be resolute in approach to how we do business aspire to have across our portfolio.
adapting to the pace of change that and how we give back to our
has kept us moving forward so steadily. communities to provide a sense of Attacq also salutes and thanks the
relief, growth and hope. I’m extremely local community and taxi owners who
In one of my first memos to our fellow proud to be part of this team. protected our malls during the civil
Attacq colleagues during the third The performance of this business unrest; the waiters and staff who have
COvID wave, and during the week of reflects the ongoing commitment faced numerous national lockdowns;
the civil unrest in our country, I wrote, of each team member at Attacq. the front‐line workers who have to
“In times of chaos like we’re currently put the needs of others ahead of
experiencing, it’s very tempting Taking stock their own; and the thousands of men
to get drawn into fear, panic, and Despite the headwinds, the business and women who make our precincts
uncertainty, but I want to assure you has delivered a solid performance that and malls some of the most visited
that as a team, we will get through we can be proud of. During our 2021 and celebrated in the country.
all of this. Storms make trees take financial year, we were committed
deeper roots.” My message remains. to being agile and responsive to the As we enter the New Year, I wish
evolving operating environment. We you all a restful and peaceful
Now is the time to stay grounded ensured that we improved our capital time with your loved ones.
and be the very best version of structure, optimised our operations,
ourselves for our families and our and embraced the various business Take care,
communities. We have endured disruptions, to continue pioneering Jackie

12 Waterfall Issue 1 2022