October 2022


Sandile Magagula

Attacq (ATT) presents an excellent opportunity to invest in the SA REIT sector given the sector leading discount of 60% to NAV as well as the counter’s excellent solvency and liquidity position.

Our investment case in ATT is supported by the counters ability and entitlement to sell 50% of the land it owns for development to a designated JV partner, a portfolio of residential properties with prime locations next to some of the country’s prestige business hub and modern spaces which are increasingly aligned with consumer’s desires for multifunctional spaces which combine both work and living.

Read more as PDF