Bringing its unique investor proposition to market, Atterbury Acquisitions Limited (Attacq) yesterday listed on the Main Board of the JSE, under the Real Estate - Real Estate Holdings and Development sector, with the short code “ATT”.

Before listing Attacq raised R800 billion through an oversubscribed private placement.

Attacq was established eight years ago and its assets comprise two focus areas: investments and developments. Its portfolio strategy is to hold 65% investments and 35% developments to optimise long-term sustainable capital growth, enhance total returns to shareholders and mitigate risk.

Attacq’s South African property investments are diversified across office, retail, mixed-use, industrial and hotel properties. Its African portfolio includes Bagatelle Mall of Mauritius and an effective 32,5% stake in Atterbury Africa, in partnership with Hyprop Investments and Atterbury Property Holdings, which invests in retail centres and developments across sub-Saharan Africa.

Attacq is also internationally diversified through MAS Real Estate Inc. which has a primary listing on the Euro-MTF market of the Luxembourg Stock Exchange and a secondary listing on the JSE AltX. MAS holds investments in Germany, Switzerland and the UK.

"We’re very pleased to welcome Attacq on to the JSE. This is a much anticipated listing in a sector that has enjoyed good growth in the past years as Africa’s property development needs expand. It’s a sector that is well understood by both local and international investors,” says Zeona Jacobs, Director of Issuer and Investor Relations at the JSE. Other property listings for this year are Tower Property Fund this past July and GoGlobal Properties which listed in April.

Source: Official Statement