SJ:ATT Attacq Limited

Attacq's vision is to be the premier property company in South Africa with its unique value proposition being its Waterfall development pipeline. This financial year was a year in which Attacq revisited its existing strategy, taking cognisance of lessons learned and implementing a revised strategy with a more focused approach. The business model has been simplified, creating the platform for future growth centred on Attacq's four value drivers. Attacq also took the next step in its journey with the announcement of its planned conversion to a REIT. The revised strategy is focused on delivering both sustainable income distributions and capital growth, through the four value drivers. The anticipated REIT conversion is subject to JSE approval and is targeted to be in place for the financial year commencing 1 July 2018. The repositioning to achieve REIT status has commenced with the reduction of debt from the proceeds received from the disposal of its Central and Eastern European investments, including the investment in Stenham European Shopping Centre Fund Limited (?Stenham?).

873.00 ZAR
As of 03/08/2023

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Security Information

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Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Real Estate
Industry:  REIT-Diversified
Index country:  South Africa
Country of incorporation:  South Africa
IPO date:  10/14/2013
Stock exchange:    Johannesburg Stock Exchan
Exchange country:   South Africa
Market cap:   5,232,018,143 ZAR
Current dividend yield:   0.00%
Sedol:      BFH3QX1