GPS coordinates: lat: -25.769461 - lng: 28.234760
Attfund
Address:
570 Fehrsen Street, 0181 Pretoria - Waterkloof
Telephone:
+27 (0)12 424-5000
Fax:
+27 (0)12 424-5050
Description
ATTFUND WAS FOUNDED in 2002 with a portfolio worth R670m, which has today grown to total assets in excess of R8bn. A public unlisted property fund it has a net asset value of R5bn. Currently, 11% of the company is owned by a black economic empowerment consortium – a grouping of property specialists, including Sisa Ngebulana and Nazeem Khan.
Keywords
Business Strategy, Property Specialists, Corporate Office Parks, Property Management Expertise, Black Economic Empowerment Consortium, Office Park, Parkdev Academy, Retail Holdings, Labour ForceCompany description
Louis Norval, a founder member and currently CE of Attfund says: “The key elements of our success story are a well-defined business strategy, a formidable selection criteria and utilising the considerable expertise of Attfund’s executives and core officials in a continuous hands-on approach.”“When we set out we wanted to focus on few – but high value –investments in the upper income market, because that’s where our expertise lay. That enables us to spend more time on each investment. Similarly, when it came to commercial office space we only want to invest in office parks, as that offers the flexibility to enable tenants to gradually increase or decrease their space as they expand or shrink. That in turn helps keep vacancy levels particularly low.”
Attfund’s current investments in South Africa consist of impressive retail holdings in upmarket shopping centres as well as four corporate office parks.
Other Businesses:
Computrade, Kloof Centre Shop 21-27 171 Kock Street Rustenburg, Pretoria Montana Scuba Academy, 737 Braam Pretorius Street, Pretoria M & t Development, 340 Witch-Hazel Street, Pretoria Mr Price Home Wonderpark, Onderpark Shopping Centre, Cnr Heinrig and Clarissa Street, Pretoria Logivect, 431 Fehrsen Street, Pretoria