Attacq, the property group behind waterfall city is increased its interim dividend per share 11.1 per cent to 45c. The active shoppers of the mall gives way for Attacq to improve trading and lift its distribution by double digits in its half-year to end-December. Attacq CEO, Melt Hamman joins CNBC Africa for more.
Real estate development group Attacq revealed a good set of interim financial results with headline earnings up 17.5 cents to 28.3 cents per share. The property company reported that 12 buildings were under construction and two buildings in the waterfall area were complete. Attacq have declared a dividend pf 40.5 cents for the period. Joining CNBC Africa for more is Melt Hamman, CEO, Attacq.
If you happen to be driving along the N1 highway near Johannesburg's Mall of Africa, you may have noticed a 26 storey concrete skyscraper. This building is one of Africa's first high-rise luxury apartment icons. Joining CNBC Africa the helm launching this continental development is Raj Nana, the CFO of Attacq.
Attacq CEO Melt Hamman on why they see value in Reit conversion