Page 18 - Waterfall City Issue 11 November 2023
P. 18

Waterfall City News



           ATTACQ CONTINUES



           TO DELIVER





























































        A        ttacq Limited (“Attacq”),   collection rates remaining high at   Jackie van Niekerk, CEO of Attacq, says:

                                            92.5% and 100.7% respectively, as the
                 the JSE-listed real estate
                                                                                “This year has been transformative
                 investment trust (REIT)
                                                                                for Attacq on so many fronts – from
                                            Group continues to experience record
                 and strategic development
                                                                                partnerships to presenting and
                                            against its proven multi-hub strategy.
        partner in Waterfall City, recently    trading density, further delivering   building and growing community
        announced a robust set of results for   Positive retail trade in Mall of Africa   delivering a landmark equity
        the full-year ended 30 June 2023. The   resulted in a 10.8% growth in rental   transaction with our partners
        company reported full-year dividend   income for the year supported by 21   at the GEPF, and achieving key
        growth of 16.0% to 58.0 cents per   new brands being introduced. This   environmental, social and governance
        share, with distributable income per   resulted in a 91.6% increase in turnover   (ESG) milestones. As a purpose-led
        share increasing by 14.5% to 71.9 cents.   rental and a 71.4% increase in third   business, we think differently about
                                            party income at Mall of Africa, which is   real estate, and this is evident in the
        Operationally, Attacq performed     becoming a preferred destination for   successful execution of our strategy
        strongly, with both occupancy and   exhibitions and advertising.        this year.”


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