Attacq Limited. JSE: ATT

Attacq shares

Background of Attacq Limited

  • Formed in 2005 with assets totaling R 600 million, Attacq Limited is a leading South African capital growth fund listed on the Johannesburg Stock Exchange (JSE), with real estate interests and assets today exceeding R 27 billion in value.

  • The company functions as a capital growth fund, accumulating wealth for investors through local and international real estate investments and developments. Their assets include landmark commercial, retail and industrial properties across a geographically diverse portfolio spread across South Africa, the rest of Africa and Europe.

  • One of the group’s biggest developments is the Waterfall and Waterfall City properties located in Johannesburg, which is expected to close the gap between the Johannesburg and Pretoria corridor. Attacq has secured the rights to develop this land, which has approximately 1.75 million m2 of developable bulk. The market-driven development of Waterfall will be the group’s biggest long-term project.

  • Recently, the Mall of Africa, a 131 000 m2 super regional shopping centre was opened in Waterfall City.

Attacq Limited Shares Growth Driver

  • Attacq’s performance hinges on long-term sustainable capital growth, which is achieved through actively investing in and managing land, property development rights and investment properties and benefiting from key long-term strategic relationships and alignments. Attacq achieves this vision through three strategic drivers: Invest, Develop and Grow.

  • Capital appreciation on properties and vacant land is supplemented by development and redevelopment profits. The business is split into two focus areas: Investments and Developments. Investments allow for a stable income and strong balance sheet to purchase and fund high-growth opportunities within Developments.

  • By focusing on long-term sustainable capital growth, the group differentiates itself from other JSE stocks in the property sector which focus on generation and regular distribution of dividends to shareholders. Attacq is not a Real Estate Investement Trust (REIT), as the REIT regulations are intended for entities focused on income distribution rather than growth.

  • Key differentiators of the company include a 10% strategic stake in esteemed property developer Atterbury Properties, a 10-15 year development pipeline (mainly with the Waterfall development) and a history of delivering growing Attacq share
    prices and strong capital growth to investors. The company also relies on its diverse geographical footprint to mitigate risk and ensure sustainability.

Attacq Limited Group Investor Tip

  • Attacq has completed a number of important developments over the past year, and Attacq share prices have been gaining good ground. Net asset value per share increased by 17.9% in 2015.

  • The opening of the Mall of Africa, and the future openings of other commercial, office and mixed-use buildings within Waterfall City, should boost the company’s profits significantly.

  • Attacq’s recent partnership with Atterbury, as well as other developers, has allowed the group to engage unrestrictedly in the development of Waterfall City, and Attacq has also secured a pre-emptive right in respect of all developments undertaken by Atterbury, either in South Africa or overseas. This should all provide an upside to Attacq share prices, net asset value and other crucial financial data.

  • However, the group may find itself under pressure when trying to find tenants for its large developments, and this will be an influential factor in Attacq’s future success.

Attacq Limited Major Shareholders

Sanlam Group, Coronation Fund Managers, Royal Bafokeng Holdings (Pty) Ltd and the Government Employees Pension Fund.

  • Sector

    Financials

  • Industry

    Asset Management
  • Sub industry

    Private Equity

How to buy Attacq Limited Group Shares

  • Attacq Limited : How to buy Attacq Limited Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Attacq Limited Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Attacq Limited Holdings and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Attacq Limited Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Attacq Limited.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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