A decade of shopping in George!
A birthday is always reason to celebrate, and Atterbury’s first retail development in George, the Garden Route Mall, has just turned 10! We sat down for cake with General Manager Rion Olivier How long have you been with the Garden Route Mall? Over six years, since May 2009. What has been the biggest change you’ve seen in shopping patterns in the six years that you’ve been involved? At the end of the day shoppers
Final building under construction at Maxwell Office Park in Waterfall City
Atterbury Property Developments has announced that Maxwell Office Park is on schedule for completion in November 2015 when it will welcome another group of top businesses into the park. The AAA-grade, 4-Star Green Star SA rated Maxwell Office Park is located within Waterfall City in Waterfall, on the corner of Maxwell Drive and Magwa Crescent West, and only a stone’s throw away from the iconic Mall of Africa development, set to open in April
Investing in opportunities
In mid 2008 Louis Van der Watt (CEO of Atterbury) approached me to be a part of the prestigious Waterfall development, which he was busy securing with the Waterfall Islamic Institute. I knew Louis through my dealings with Atterbury whilst at RMB. I accepted Louis’s offer and in October 2008, joined Atterbury with my key responsibility being the management of the Waterfall Development, including the new CBD Waterfall City. As part of the Atterbury
Not lost in translation
Expanding into Europe has challenged thinking paradigms on various fronts and also provided many new exciting opportunities. Although the principles regarding corporate reporting, financing and deal structuring remain the same, variables such as international tax legislation, reporting requirements onto various stock exchanges and understanding country risk are all exciting new challenges. Given the early stages of our endeavour into the European market, simple questions like who we are as a company, and why Atterbury
Atterbury develops new HQ for Torre Lifting Solutions at Waterfall’s Distribution Campus
Waterfall’s Distribution Campus has been chosen as the site for the future headquarters of leading African industrial group, Torre Industries’ Torre Lifting Solutions division. Its new premises will include 5,422m² of custom-built warehouses and 1,800m² of tailor-made offices as well as a 13,530m² hard stand for equipment holding and storage. JSE-listed real estate capital growth fund, Attacq Limited, holds the commercial development rights to the prestigious Waterfall. Atterbury Property Developments is responsible for the
A new home for BATSA
Atterbury is very proud of its role in the relocation of British American Tobacco South Africa from its Stellenbosch head office of 25 years standing, to the prestigious V&A Waterfront. Atterbury’s Wouter de Vos and Gerrit van den Berg give insight into a landmark deal. What is Atterbury’s involvement with the BAT development? We partnered with the V&A Waterfront to negotiate and facilitate the transaction, which is a big move for BATSA after 25
Meet The Team
Henk Deist, Chief Financial Officer for Atterbury Europe has been instrumental in sealing the recent deal in Cyprus. We talked travel with this “roaming CFO” How did you become part of the Atterbury team and when did you start in your new position as CFO on Atterbury Europe? It is actually quite interesting. I was starting to look for something else after 11 years heading RMB’s mining finance division. Louis and I know each
Atterbury’s R800 million Achimota Retail Centre in Ghana opens to the delight of locals
Atterbury Property’s latest shopping mall development to be complete in Ghana – the R800 million ($60 million) Achimota Retail Centre located in north-eastern Accra - opened its doors today to the delight of locals. Thousands of shoppers and curious locals descended on the brand new, 15,000m² retail destination, which provides top-quality shopping for the first time on this scale under one roof in this part of the Ghanaian capital. Roux Gerber, West Africa Head
Three, two, one… Achimota has lift-off!
Achimota Retail Centre is opening this week and Ghana can’t wait! Roux Gerber is Atterbury’s man on the ground and he shares the final countdown… Are you ready for Thursday? We are 100% ready! It’s an unusual situation that we were actually completely finished with construction 2 weeks before opening day. We’re already doing the snagging that we usually only do after opening day. What is happening at the mall during these final days?
Amrod is on the move to Waterfall’s Commercial District and headed for a massive 37,000m² facility
Waterfall’s Commercial District will soon be home to a substantial 37,000m² custom-built office and warehouse for leading promotional product provider Amrod. Amrod’s new premises will not only create another new ultramodern business facility at Waterfall, but continues Waterfall’s impressive and growing track record of securing large-scale deals and delivering high-quality, purpose-built developments. JSE-listed real estate capital growth fund Attacq Limited holds the commercial development rights to the prestigious Waterfall. Atterbury Property Developments is responsible
Partners in success
Broll Property Group’s association with Atterbury Property spans many years and its success is a result of both companies’ shared values, that of delivering excellent service to clients. Broll is appreciative of the management and leasing partnership and the alliance that both companies had over the last few years. “The partnership has proved mutually beneficial and successful as both parties have unique skills and experience,” says group CEO Malcolm Horne. Group CEO: Malcolm
Richmond Business Park in numbers
84 Number of hectares comprising the whole site. 300 000 Size in square metres of the initial phase one development. 25 Percentage shareholding the community has in the Richmond Park Development Company. 15 000 Number of jobs expected to be generated by the project during the development phase. 150 million Amount in rand that will be invested in the surrounding road infrastructure. 5 billion Amount in rand that will be invested in the
Atterbury in the Cape
Gerrit van den Berg How do you feel about opening the Cape Town office? I’m very excited about the challenge. Quite a lot is happening in the Western Cape and we’re privileged to already have a number of projects in place before we’ve even opened the office. The type of projects that are already in place are all exciting too. After 10 years I’ll definitely miss the Pretoria office with all the
How FATTi is changing mall management and marketing
Understanding consumer behaviour in a mall is the key to keeping both shoppers and tenants happy. With FATTi’s hot new technology, shopping centres have a secret weapon. FATTi’s MD, Adrian Maguire, gives us insight into what this game-changing technology is all about So in brief, how does the technology work? Without giving trade secrets away, the technology enables us to monitor customer patterns in a mall via their wifi-enabled devices. We track information we
Atterbury’s Waterfall Corner development wins Spectrum Award for best shopping centre
Atterbury Property’s development of Waterfall Corner in Waterfall City, Gauteng, has been named the winner of the esteemed Spectrum Award at the South African Council of Shopping Centres’ (SACSC) Annual Retail Design and Development Awards (RDDA). Waterfall Corner, owned by JSE-listed capital growth fund Attacq Limited, developed by Atterbury Property Development and designed by architect Bentel Associates International won the category for new shopping centres below 20 000sqm in size, before going on to
New beginnings at Richmond Business Park
For the families forced out of Richmond Park as long as 33 years ago, Atterbury’s development of Richmond Business Park is bringing new hope and the ability to invest in a brighter future. No-one has a clearer view of this than Caroline Davidson, the treasurer for the CPA committee, who was born in Richmond Park herself and sees members of the community in her office on a daily basis. “The first payment brought such
On the ground in Ghana
It’s been a whirlwind ride for Atterbury’s Roux Gerber, who relocated his family to Ghana in June to oversee the final launch phase of the brand new Achimota Retail Centre in Accra. In less than a month, the doors into this new retail haven will open to the public. Is Accra ready…? It’s been three months… how has your family adapted to life in Ghana? My wife Tracy and I were in Mauritius before
Destination: Europe
Small beginnings are no obstacle for a company that has global aspirations, as Atterbury Property has proven. Now that the Pretoria-based company is investing in Europe, there is only one trajectory, and that is up. We have a word with the man in charge of operations on the ground, Raoul de Villiers, Managing Director of Atterbury Europe Services, who moved to Vienna on 28 August. How will the business in Europe differ from the
Worthy partnership
Woolworths has a long-standing partnership with Atterbury spanning years and many retail centres. Atterbury’s reputation for consistent delivery of high-quality environments through their hands-on development approach, ensures the Woolworths stores that open in its developments always run smoothly. Dealing with Atterbury turns the traditional landlord and tenant relationship into a solid working relationship to achieve a common goal. As an anchor tenant occupying over 13 000m² in total, Woolworths will be opening an iconic
Inside the PwC Tower
It’s all systems go on the site where the new head office for PriceWaterhouseCoopers is rising out of the earth in Waterfall City. Atterbury’s first high-rise building with its architectural twist design has presented a number of interesting challenges. Atterbury’s Director of Construction Jeanne Jordaan takes us on a virtual tour. What had to be done differently in terms of approaching this project, considering the sheer size of the building compared to what Atterbury has
Leasing fast facts
Fact 1: The Waterfall Business Estate in Waterfall City, Gauteng currently boasts about 300 000m² of gross lettable area signed up to date. Industrial and commercial leasing is well ahead of target and this doesn’t even include the successful retail letting of Mall of Africa, which is currently running at an incredible 90%. Fact 2: Cape Town’s West Coast growth node, Richmond Park, is a new mixed-use precinct on the N7, featuring about 300
Mall of Africa
Only 32 weeks to go! After three years of construction, excitement is mounting as we get closer to the launch of Mall of Africa. With just 32 weeks to the opening of the mall on 28 April 2016, an incredible 204 000m³ concrete and 18 500 tons of steel have gone into the making of Mall of Africa so far. The current total staff and labour on site making it all happen on a daily basis is a massive 1 450 people. To date, 10 000 000 bricks have been laid, 570 piles
The ABCs of successful leasing
From ultra-modern malls with luxury-brand tenants, to commercial developments in African countries where different languages are spoken… there is no such thing as a “one-size-fits-all” lease agreement. We learn more about the ins and outs of populating assets from Johan Roets, former Blue Bull fullback and now Leasing Director for Atterbury. Tell us a bit about your background? I was born in Bela Bela and went to primary school there. I then went to
Meet the Atterbury leasing team
The Atterbury leasing team has been operating as a separate business unit from January this year. This strategic decision to separate leasing from Atterbury Asset Management (AAM) ensures a focus on creating and servicing a healthy business pipeline, thus positioning Atterbury Property for sustainable growth. The leasing team has recently been strengthened by four new appointments and we’re proud of our dynamic, young team. Solet Viviers, Leasing Manager Currently the main project focus and leasing contact
All systems go for Richmond Park
Richmond Park represents the biggest project yet in Cape Town for Atterbury, and is one if the biggest good-news stories to date when it comes to land restitution in South Africa. In just a couple of weeks it all kicks off. Development Manager Gerrit van den Berg shares some of the behind-the-scenes excitement. When we last spoke, the lease had just been registered in the name of the development company. What has happened since
