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705, 2019

Mauritians await Bo’Valon Mall with anticipation

May 7th, 2019|Categories: Development, News|

Key Takeaways Ahead of Schedule: Construction is progressing smoothly with no major hiccups, moving the planned opening forward to late October. High Tenant Demand: Leasing reached 95% signed commitments ahead of opening due to a lack of existing retail offerings in the southern region of the island. Anchor Tenants & Brands: The mall will be anchored by King Savers and Espace Maison, supported by major fashion retailers and South African dining staples like Spur,

705, 2019

Francois van Niekerk – a co-founder looks back over 25 years

May 7th, 2019|Categories: News|

Key Takeaways The Visionary Bet: Atterbury was born when co-founder Francois van Niekerk took a chance on a young, inexperienced audit clerk named Louis van der Watt, prioritizing personal trust and potential over industry expertise. The Turning Point: The successful development of the Atterbury Value Mart proved to be the company's major breakthrough, building key industry partnerships and paving the way for rapid expansion into major retail developments across South Africa. Shared Prosperity &

3004, 2019

First phase expansion of Atterbury’s Mall of Cyprus opens

April 30th, 2019|Categories: News|

Key Takeaways €30M First-Phase Opening: Atterbury Europe completed a €30 million expansion of the Mall of Cyprus, adding 6,000 sqm of retail space, 15 new retail brands, six new food concepts, and 300 additional parking spaces across four levels. Immediate Customer Impact: The upgraded center attracted over 100,000 visitors during its first trading weekend following its end-of-March opening. Transformed Dining & Leisure Hub: The food court was relocated and modernized with new dining options

2404, 2019

The wood whisperer

April 24th, 2019|Categories: Atterbury Group, News|

Key Takeaways Organic & Honest Design: Furniture designer David Krynauw focuses on simple, honest craftsmanship using locally grown timber from his family’s farm, creating custom, tactile wooden pieces that reflect his personal journey. Collaboration for Die Klubhuis: Working with interior partners Reddeco, Krynauw produced a range of bespoke items and pods specifically tailored to complement the architecture and aesthetic of Atterbury's head office. Breakthrough & Signature Work: His career took off after winning the

2304, 2019

Optog! 2019 boosts local talent and entertainment

April 23rd, 2019|Categories: News|

Key Takeaways Nationwide Roadshow: Launched by the Atterbury Trust, Optog! 2019 is a travelling arts festival featuring 250 shows across 55 unique stages in towns throughout South Africa and Namibia. Extension of Atterbury Theatre: Building on the success of the Pretoria-based Atterbury Theatre, the initiative revives the tradition of small-town touring shows to make high-quality Afrikaans music and theatre accessible to regional communities. Support for Local Arts: The festival creates viable touring opportunities for

1504, 2019

Cypriot President opens expanded Mall of Cyprus

April 15th, 2019|Categories: News|

Nicos Shacolas (92) of Shacolas group, Cypriot President Nicos Anastasiades and Atterbury Group CEO Louis van der Watt open the new Mall of Cyprus Key Takeaways The President of Cyprus, Nicos Anastasiades, officially opened the expanded Mall of Cyprus in Nicosia alongside Atterbury Group CEO Louis van der Watt. The expansion added 6,000m² of retail space, 15 new shops, and six new brands to the food court, along with additional parking across

1204, 2019

Towers Main transfers to Divercity and exciting redevelopment begins

April 12th, 2019|Categories: News|

Key Takeaways R400m Inner-City Regeneration: Divercity Urban Renewal Fund acquired the iconic 140-meter-tall Towers Main building in central Johannesburg to execute an extensive redevelopment valued at over R400 million. Mixed-Use Precinct Strategy: The project combines commercial and residential functions by creating 520 affordable rental apartments while leasing 10,000 sqm of office space across nine floors back to anchor tenant ABSA. Structural Transformation: Constructed by a WBHO/Motheo Joint Venture, the tower features a completely replaced

504, 2019

A matter of association for new CEO Armond Boshoff

April 5th, 2019|Categories: Atterbury Group, News|

Key Takeaways Leadership Transition: Armond Boshoff took over day-to-day operational CEO responsibilities for Atterbury Southern Africa on January 1, 2019, allowing co-founder Louis van der Watt to shift focus toward strategic deal-making and expansion as Group CEO. Core Principles: Boshoff aims to preserve the company's foundational values established under Van der Watt—specifically fairness, mutual benefit ("a matter of association"), and treating partners with respect. Strategic Focus: In a more complex economic landscape, Atterbury is

2803, 2019

Inner city associations

March 28th, 2019|Categories: Development, News|

Key Takeaways Commitment to the CBD: Absa maintained its primary head office campus in Johannesburg’s CBD over Sandton due to long-term location roots and convenience for the majority of its regional workforce. Repurposing Strategy: Rather than keeping Towers Main solely as a corporate building, Absa sold it to Divercity to allow for a mixed-use residential project that adds value to the broader urban community. Leaseback & Public Art: Absa leased back the lower nine

2603, 2019

Divercity’s Jewel City project brings six Joburg CBD blocks to life with strategic urban rejuvenation

March 26th, 2019|Categories: News|

Key Takeaways R1.2bn Urban Regeneration: Divercity launched the R1.2 billion Jewel City precinct development in Johannesburg, combining newly constructed buildings with converted existing structures across a 40,000+ sqm footprint. Massive Affordable Housing Expansion: Phase 1 delivers 1,200 new residential apartments (with Phase 2 adding up to 1,000 more), featuring phased occupant move-ins starting from top floors downward toward an April 2020 total completion target. Mixed-Use Community Hub: The precinct integrates 14,000 sqm of commercial

2603, 2019

Openville Timisoara project awarded in best office buildings 2019 Forbes Gala

March 26th, 2019|Categories: News|

Key Takeaways Forbes Award Winner: Openville Timisoara (now Iulius Town) won "Largest Office Building" at the Forbes Best Office Buildings 2019 Gala for its flagship tower, United Business Center 0 (UBC 0). Tallest Office Building in Romania: UBC 0 stands at 155 meters and 27 floors, containing over 52,000 sqm of flexible, column-free office space with panoramic glass facade views. Vertical Mixed-Use Integration: The tower incorporates ground-floor retail and dining, seven corporate event halls,

1503, 2019

A leader looks back

March 15th, 2019|Categories: Atterbury Group, News|

Key Takeaways Differentiated Business Model: Unlike traditional developers who sold assets upon completion, Louis van der Watt co-founded Atterbury with capital from Francois van Niekerk to retain ownership and earn ongoing rental income alongside development profits. Overcoming Main Challenges: Managing cash flow served as Atterbury's single biggest challenge, which was addressed by partnering with landowners and stronger equity partners to scale projects efficiently. Corporate Governance & Leadership: Van der Watt highlighted that growing a

1403, 2019

Standby for curtains up in Cyprus

March 14th, 2019|Categories: Development, News|

Key Takeaways High Tenant Demand: The 6,000 sqm expansion was oversubscribed, adding 32 new units, including a relocated food court featuring six new food concepts. Urban Limitations & Alternative Space: While urban planning coefficients prevent further expansion of the main mall building, Atterbury can accommodate future retail demand in the adjacent "Annex 4" building at Emporium Park. Enhanced Visitor Experience: The revamp prioritized leisure and flow by adding an outdoor food court veranda, 273

2802, 2019

Facets of Jewel City

February 28th, 2019|Categories: Development, News|

Key Takeaways Contractors On-Site: Nomad Construction handles the conversion of Block 1 into residential units, while the WBHO/Matheo Joint Venture manages the new 11-storey construction of Block 6 and the remaining blocks. Confirmed Identity: The precinct retains its original name, Jewel City, with the brand logo and corporate identity being finalized alongside construction. Phased Residential Launch: Blocks 1, 2, 4, and 5 complete in 2019, with the first residential apartments in Block 1 opening

1402, 2019

Tenants rejoice at plans for The Village

February 14th, 2019|Categories: Development, News|

Atterbury is taking over full management of The Village on 1 March with big plans for creating a cohesive Old East Precinct in Hazelwood. A pedestrian link between the Club and the Village, a solution for the pressing parking shortage, and other infrastructural and legal compliance improvements will see the area blossom over the next 18 months. This is great news for the tenants, who can now build their businesses for the long term

2501, 2019

Africa in four dimensions

January 25th, 2019|Categories: Development, News|

When artist Rina Stutzer was commissioned by Atterbury and Attacq as joint owners to create a sculpture for Mall of Africa, she embarked on an intense 18-month project, and the magical reflective double-Africa diptych that welcomes visitors to the mall today is the result. In addition, the two fifth-scale maquettes of the finished work are installed in the reception area at Die Klubhuis. We quizzed this talented and versatile artist on the details of

1601, 2019

Professional management on the cards for Old East Precinct

January 16th, 2019|Categories: News|

Atterbury to manage The Village as part of Old East Precinct At the beginning of December last year Atterbury announced its novel new plans for invigorating the Hazelwood business and leisure precinct from The Club to The Village. Named Old East Precinct, this contemporary mix of urban and suburban districts is referred to as a “surban” region in modern development parlance. Atterbury’s vision for Old East Precinct conjures up feelings of a surban village

1501, 2019

In his own words – Angus Taylor on “Son of the soil”

January 15th, 2019|Categories: News|

As you approach Atterbury’s head office Die Klubhuis in Pretoria, you will see him, standing across the road, contemplating the world; his massive bulk rising three times the height of a human above the pavement that he seems to have grown from. He is the “Son of the soil – kinders van hierdie klippe”, and he was created from African rock dating back billions of years. Sculptor Angus Taylor told us all about his

401, 2019

A heritage home for Atterbury Western Cape

January 4th, 2019|Categories: News|

Atterbury’s Cape office in the winelands is getting an exciting new home this year. We hear all the details from Gerrit van den Berg, head of development of Atterbury Western Cape. Why the decision to move the Stellenbosch office? The decision to move was based purely on additional space required; we’ve simply outgrown the current premises. Although we love our location, and the look and feel of the office, we need more. Our current

1612, 2018

Black Friday just gets better

December 16th, 2018|Categories: News|

Black Friday continues to be a growing retail trend. The total foot count for shoppers at Mall of Africa over the Black Friday weekend was 231 269 people and total vehicles from Friday to Sunday were 54 366. Of the 16 907 people detected on Black Friday, 7 657 (45%) were new shoppers to the mall. These visitors spent approximately 170 minutes inside Mall of Africa, visiting at least three shops on average. Most Black Friday shoppers visited

1412, 2018

The Invitational Golf Day thrives on helping others

December 14th, 2018|Categories: News|

Created by Atterbury Property stalwart and Atterbury Trust study bursary alumnus Gerhard van der Westhuizen and presented by him and Rayno Strauss, the popular Invitational Golf Day has once again secured essential care for select charities and a cancer-stricken child in desperate need. In conjunction with Jacaranda FM's Good Morning Angels, The Invitational Golf Day has secured funds for Atterbury Trust, Sunflower Fund and Karla Kriel, an eight-year-old girl from Meyerton who requires assistance

712, 2018

Deck the halls…

December 7th, 2018|Categories: News|

It’s been a breakthrough year at Atterbury’s malls across South Africa and in the neighbouring countries. We got the highlights from asset managers Zandri Wells, Adelene van der Westhuizen and Catherine Bosman and found out what special festive treats shoppers can expect to find… Describe a couple of the malls’ highlights from the past year. Zandri Wells, Flamwood Walk, Klerksdorp:  We had a Dirt Run with an obstacle course on the open field behind

612, 2018

Old East Precinct to revitalize Hazelwood urban village

December 6th, 2018|Categories: News|

Atterbury creates new community-friendly surban precinct HAZELWOOD, PRETORIA In a pleasing development for the Hazelwood neighbourhood, Atterbury has announced plans to create a new surban village precinct in the suburb. Old East Precinct is contained within the suburban zone including The Club and The Village. During a tenant briefing session in early December 2018, Atterbury CEO Louis van der Watt unveiled Atterbury’s vision for Old East Precinct. Defined in modern urban development parlance as

412, 2018

Wave goodbye to 2018!

December 4th, 2018|Categories: News|

It has been a year of change and challenges, but 2018 is on its back! On the eve of the summer holidays we asked a few members of the Atterbury team what they’d like to forget, and what they look forward to.... What about 2018 can’t you wait to leave behind, and what is your wish for 2019? Erna van Huyssteen After an extremely busy 2018, the hustle and bustle is definitely something that

2911, 2018

Investing in the future with the Atterbury Foundation

November 29th, 2018|Categories: News|

Atterbury established the Atterbury Foundation in 2007 as a non-profit organisation whose work rolls out in previously disadvantaged communities where the Atterbury Group’s development initiatives take place, and other areas where needs are identified. For 11 years it has created social upliftment opportunities and now its work is entering a new phase, with ramped up objectives. Zahn Hulme paints a background picture. What are the similarities and differences between the Atterbury Foundation and the

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