Rode Media

22 March 2025

Jackie van Niekerk
Attacq
CEO

Attacq Limited (“Attacq”), the JSE-listed REIT, delivers progress that is aligned with its strategic vision. The company remains on track to achieve FY25 DIPS growth guidance of 17% to 20%, underscoring its commitment to driving long-term value for stakeholders.

Key highlights from the update include
A high occupancy rate of 92% and an impressive collection rate exceeding 98,7% reflect the strength of our portfolio and partnerships.

The successful R760m DMTN issuance at reduced margins fortifies our financial flexibility. FY25 interest cover is projected above 2.5x, and gearing is below 30%.
Five rooftop PV systems are in progress, elevating its renewable energy mix to 9.3% and advancing sustainability objectives.

The Waterfall Junction water connection has been finalised, creating pathways for development and sustained economic growth. 

Strategic upgrades, including a 1,995m² Checkers expansion and 23 store revamps, modifying the retail experience and enhancing value for clients and shoppers.
 
Attacq’s achievements are a testament to its unwavering commitment to people, purpose, and progress. “Our journey is driven by a vision to create spaces that inspire, deliver sustainable growth, and leave a lasting impact on the communities we serve,” says CEO Jackie van Niekerk.
 
With an eye on the future, Attacq continues to lead through innovation and purpose, building a sustainable legacy characterised by growth and resilience.