Attacq
Attacq is a JSE-listed South African REIT that develops, owns, and manages integrated mixed-use precincts. Its R25.2 billion portfolio centres on the flagship Waterfall City in Gauteng and includes office, retail (Mall of Africa), logistics, and forthcoming hospitality assets.
- Company typePublic
- Founded2008
- HeadquartersGauteng, South Africa
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Attacq does
Attacq Limited is a South African Real Estate Investment Trust (REIT) listed on the Johannesburg Stock Exchange under the ticker ATT, founded in 2005 (with Waterfall City development rights secured in 2008) and headquartered in Midrand, Gauteng. The company develops, owns, and manages integrated mixed-use precincts, with its flagship Waterfall City - located between Johannesburg and Pretoria - anchored by the Mall of Africa (fully acquired in 2024), complemented by offices (Waterfall Circle, Magwa View), logistics assets (Waterfall Junction), and ancillary retail (Waterfall Corner). Beyond Waterfall City, Attacq operates a national portfolio across four provinces including regional malls such as Garden Route Mall, Eikestad Mall, MooiRivier Mall, and Lynnwood Bridge.
The underlying technology is primarily physical and precinct-based rather than software-based: solar PV generation (1.3MWp), municipal-grade water resilience (3.3 million litre backup capacity), purpose-built logistics facilities (most notably the 32,000 m² BMW Group South Africa regional distribution centre processing 3.8 million parts per year), and integrated retail/office/hospitality amenities are the operating differentiators. Attacq generates recurring subscription-style rental revenue through four streams: office rental, retail rental (Mall of Africa and regional malls, with base plus turnover rent), industrial and logistics leasing, and forthcoming hospitality revenue from the Q1 2028 commissioning of the R750m Waterfall City Conference Centre and Hotel.
Go-to-market is sales-led via dedicated leasing teams per precinct, supported by a broker network and an online vacancy portal. Tenant mix is concentrated in large enterprise anchor tenants (BMW, Vantage Data Centers via JV), with diversified retail tenants across Mall of Africa and regional malls handling approximately 51 million annual visitors. As at the company's most recent disclosures, total portfolio value is R25.2 billion, with R1.3 billion in active developments and R2.1 billion of capital investment backing an 87,516 m² development pipeline. Management has guided to 11-14% growth in distributable income per share for the fiscal year ending June 2026.
Attacq firmographics
Firmographics- Name
- Attacq
- Legal name
- Attacq Ltd
- Website
- https://attacq.co.za
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Attacq is a JSE-listed South African REIT that develops, owns, and manages integrated mixed-use precincts. Its R25.2 billion portfolio centres on the flagship Waterfall City in Gauteng and includes office, retail (Mall of Africa), logistics, and forthcoming hospitality assets.
- Ownership category
- akta.pro rank
Attacq industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Investment Trusts (6798), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industries
- Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Data Center Real Estate (REITs) & Leasing (HDABACAL)
Keywords
Where Attacq is headquartered
LocationHeadquarters
- HQ city
- Gauteng
- HQ country
- South Africa
- HQ region
- Africa
Offices6 records
Markets served
Attacq business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Office Rental Income: Rental revenue from premium office spaces across Waterfall City and other precincts. Tenants include corporate offices and commercial users requiring Grade A office accommodation in integrated precincts.
- Retail Rental Income: Rental income from retail tenants in Mall of Africa and other retail properties. Revenue based on base rent plus variable turnover rent arrangements.
- Industrial and Logistics Leasing: Revenue from logistics and industrial tenants including distribution centres and warehouse facilities. BMW Group South Africa's regional distribution centre is a key anchor tenant.
- Hospitality Revenue: Revenue from hotel operations at the Waterfall City Conference Centre and Hotel, operated by Century City Conference Centre and Hotel management. Opening scheduled Q1 2028.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Commercial leasing rates are negotiated individually based on location, building quality, lease term, and tenant creditworthiness |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Attacq product offering
Product offeringCore offering
Attacq is a JSE-listed Real Estate Investment Trust (REIT) that develops, owns, and manages integrated mixed-use precincts across South Africa. The company leases premium office, retail and industrial/logistics space, with a flagship R25.2 billion portfolio anchored by Waterfall City in Midrand, which includes Mall of Africa as its retail anchor. Revenue is generated through base rent and turnover-based rental income from corporate, retail and logistics tenants across its precincts.
Product overview
Attacq is a JSE-listed Real Estate Investment Trust (REIT) that develops, owns, and manages integrated mixed-use precincts across South Africa. The company's portfolio consists of a platform-plus-properties model centered around its flagship Waterfall City precinct (featuring Mall of Africa, Waterfall Corner, Waterfall Junction, Waterfall Circle, and Magwa View commercial spaces), supplemented by hospitality developments (Waterfall City Conference Centre and Hotel, The Pantry by Marble, Izinga Transportation Hub) and regional retail assets (MooiRivier Mall, Garden Route Mall, Eikestad Mall, Lynnwood Bridge, Glenfair) across George, Pretoria, Potchefstroom, and Stellenbosch. The company reports R25.2 billion total portfolio value, R1.3 billion in active developments, 51 million annual visitors, 1.3MWp rooftop solar installation, and 3.3 million litres backup water capacity.
Differentiator
Problem solved
Functional benefit
Products and services
- Waterfall City Mixed-Use Precinct Flagship mixed-use precinct centrally located between Johannesburg and Pretoria, featuring award-winning retail anchored by Mall of Africa, premium workspaces, logistics infrastructure, and contemporary living in one connected precinct. Target audience: corporate office tenants, retail tenants, logistics tenants.
- Mall of Africa Anchor retail asset within Waterfall City precinct, featuring extensive shopping options and amenities. Attracts national and international retail brands with high foot traffic.
- Waterfall Junction Logistics and commercial development within Waterfall City precinct, featuring modern logistics facilities for distribution and warehouse tenants.
- Waterfall Circle Commercial office and retail space within Waterfall City precinct offered for lease to corporate tenants.
- Magwa View Commercial office space within Waterfall City precinct offered to corporate tenants.
- Waterfall City Conference Centre and Hotel R750-million joint development with Rabie Property Group featuring a 1,350-delegate conference venue expandable to 2,000 guests across 16 event spaces, plus a 180-room hotel. Target completion: Q1 2028. Operated by African Rain Collection / Century City Conference Centre and Hotels.
- Izinga Transportation Hub Transportation hub located at Mall of Africa providing transit connectivity within the Waterfall City precinct.
- MooiRivier Mall Regional shopping centre located in Potchefstroom, North West province, leased to retail tenants.
- Garden Route Mall Shopping centre located in George, Western Cape province along the Garden Route, leased to retail tenants.
- Eikestad Mall Shopping centre located in Stellenbosch, Western Cape province, leased to retail tenants.
- Lynnwood Bridge Retail and commercial centre located in Lynnwood Manor, Pretoria, leased to retail and office tenants.
- Glenfair Retail centre located in Lynnwood Manor, Pretoria, leased to retail tenants.
- George Precinct Mixed-use precinct in George, Western Cape province offering retail, office and logistics space.
- Pretoria Precinct Mixed-use precinct in Pretoria, Gauteng province offering retail and office space (Lynnwood Bridge and Glenfair).
- Potchefstroom Precinct Mixed-use precinct in Potchefstroom, North West province offering retail and office space (MooiRivier Mall).
- Stellenbosch Precinct Mixed-use precinct in Stellenbosch, Western Cape province offering retail and office space (Eikestad Mall).
- Office Leasing Rental revenue from premium office spaces across Waterfall City and other precincts. Tenants include corporate offices and commercial users requiring Grade A office accommodation in integrated precincts.
- Retail Leasing Rental income from retail tenants in Mall of Africa and other retail properties. Revenue based on base rent plus variable turnover rent arrangements.
- Industrial and Logistics Leasing Revenue from logistics and industrial tenants including distribution centres and warehouse facilities. BMW Group South Africa's 32,000 m2 regional distribution centre is a key anchor tenant, with lease extended until 2035.
Quantifiable outcome
- Expected 11%-14% growth in distributable income per share for FY2026
- +3 more outcomes
Companies that use Attacq
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Attacq technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Attacq partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Rabie Property GroupcoreJoint development partnership for R750 million Waterfall City Conference Centre and Hotel project. Rabie Property Group brings hospitality and conferencing expertise from their Century City operations in Cape Town. Project scheduled for completion Q1 2028 with 1,350 delegate conference venue and 180-room hotel.
- African Rain Collection / Century City Conference Centre and HotelscoreHospitality operator with over ten years of experience managing conference and hotel operations in Cape Town (including Bridgewater and Urban Square hotels). Will operate the Waterfall City Conference Centre and Hotel bringing established hospitality management expertise to Gauteng.
- Vantage Data Centerscore$34 million joint venture to construct a 111,546 square feet data center facility with 80 MW power capacity in Johannesburg. Part of Vantage's global expansion into African markets and Attacq's diversification beyond traditional commercial real estate into digital infrastructure.
- AdmytminorAttacq sold SHôPING digital parking platform to Admyt in July 2025. Admyt subsequently expanded ticketless parking technology across nearly 90 malls and commercial properties with over 600,000 registered vehicles and 12 million monthly number plate reads. Supports Mallpass digital engagement platform rollout.
- BMW Group South AfricacoreKey anchor tenant for Attacq's logistics infrastructure at Waterfall City. 32,000 m2 regional distribution centre launched in 2018 serves as central hub for BMW, BMW Motorrad and MINI parts distribution to over 70 authorised retailers nationwide. Lease extended until 2035 with potential 7,000 m2 expansion capacity.
Scale indicators12 records
Recent moves9 records
Expansion highlights5 records
Attacq competitors and assessment
Company assessmentDirect peers
- Growthpoint Properties: South Africa's largest REIT with a diversified office, retail and industrial portfolio across the country. Directly comparable to Attacq as a JSE-listed REIT operating commercial and retail assets at scale, with similar exposure to South African macro and tenant dynamics.
- Redefine Properties: Major JSE-listed REIT with a diversified portfolio spanning office, retail and industrial assets in South Africa and selected international markets. Closely comparable in capital structure, listed-REIT economics, and mixed commercial real estate exposure to Attacq.
- Hyprop Investments: JSE-listed REIT focused on premium shopping centres in South Africa and select Eastern European markets. Comparable to Attacq's retail-led Mall of Africa franchise and shares the mall/retail-tenant dynamics driving mall valuations.
- Equites Property Fund: JSE-listed REIT specialising in logistics and industrial warehouse assets, including large distribution facilities. Directly comparable to Attacq's Waterfall City logistics assets (BMW RDC) and shares the long-lease, blue-chip-tenant industrial model.
- Fortress REIT: South African REIT with a diversified portfolio across logistics, retail and office assets. Comparable to Attacq in its mix of property types and exposure to the same domestic listed-REIT investor base.
- Resilient REIT: JSE-listed REIT focused on retail centres across South Africa and Nigeria. Comparable to Attacq's mall-led retail strategy and African emerging-market exposure.
- SA Corporate Real Estate Fund: JSE-listed REIT with a portfolio of office, retail and industrial properties across South Africa. Directly comparable to Attacq as a domestic listed REIT operating diversified commercial real estate.
- Liberty Two Degrees: JSE-listed REIT focused on premium office and retail precincts in South Africa. Comparable to Attacq's Waterfall City office/retail precinct strategy and institutional listed-REIT structure.
Regional players
- NEPI Rockcastle: Largest retail real estate platform in Central and Eastern Europe. Comparable to Attacq as a regional emerging-markets retail-led REIT with similar mall-anchored business model, though operating in different geographies.
Emerging players
- Vantage Data Centers: Global hyperscale data centre operator with whom Attacq has a $34M JV for an 80 MW Johannesburg facility. Comparable as a counterparty in Attacq's emerging digital-infrastructure strategy and a bellwether for the data-centre real estate opportunity Attacq is positioning to capture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Attacq social profiles
Digital presenceAttacq compliance and trust
Trust signalCompliance1 record
Attacq financial estimates
Financial estimateRevenue estimate
Valuation estimate
Attacq leadership team
Management profileNumber of profiles
Profiles3 records
Attacq subsidiaries and ownership
Company hierarchySubsidiaries1 record
Attacq funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Attacq M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Attacq
What does Attacq do?
Attacq is a JSE-listed Real Estate Investment Trust (REIT) that develops, owns, and manages integrated mixed-use precincts across South Africa. The company leases premium office, retail and industrial/logistics space, with a flagship R25.2 billion portfolio anchored by Waterfall City in Midrand, which includes Mall of Africa as its retail anchor. Revenue is generated through base rent and turnover-based rental income from corporate, retail and logistics tenants across its precincts.
Is Attacq a public or private company?
Attacq is a public company. It is classified as public and is currently operating.
When was Attacq founded?
Attacq was founded in 2008. It employs 51 to 100 people.
Where is Attacq based?
Attacq is headquartered in Gauteng, South Africa, in the Africa region.
How does Attacq make money?
Four revenue lines are on record. Office Rental Income is the primary driver. The others are retail Rental Income, industrial and Logistics Leasing and hospitality Revenue.
Who are Attacq's main competitors?
Direct peers on record are Growthpoint Properties, Redefine Properties, Hyprop Investments, Equites Property Fund, Fortress REIT, Resilient REIT, SA Corporate Real Estate Fund and Liberty Two Degrees. NEPI Rockcastle is listed as a regional player. Vantage Data Centers is listed as an emerging player.
Does Attacq have an API?
No public API is recorded for Attacq.
What industry is Attacq in?
Attacq's product category is Commercial Real Estate. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJABAL, Capital Markets Advisory (Equity Placement, JV & Recapitalization). Its NAICS code is 53121 and its SIC code is 6798.