Atterbury launches multi-billion rand Richmond Park property development
Atterbury Property today launched Richmond Park - a new multi-billion rand mixed-use property development in Cape Town on a prime greenfields site in Milnerton adjacent to the N7 highway – in its biggest and most ambitious project yet in the Western Cape. Richmond Park will be developed on 84ha of land as a landmark business park and mixed-use precinct consisting of retail, light industrial, commercial and warehousing property development. The property has bulk development
Game on!
As one of the largest discount retailers of general merchandise, Game is a sought-after anchor tenant to have in a shopping centre development. Besides its core business of appliances and electronics, Game now also offers customers a wide range of perishable and non-perishable goods. The store sells bulk and offer great variety – a winning combo for consumers. Game stores make a big impact as they occupy a large space in a mall which adds
Bringing the Atterbury spirit to Johannesburg
The Johannesburg office in Waterfall City is not only a satellite for the Pretoria Bloukrans office… it also sends a clear signal that Atterbury believes in the future of this fast-growing hub. Marketing and leasing coordinator Natasha de Villiers provides us with a behind the scenes sneak peek. The Johannesburg office was established in 2000. What are the advantages of a separate office? When doing business in Johannesburg it makes sense to have an
Meet the A-team: Flip Smit
Before joining Atterbury, Financial Director Flip Smit lived and worked in Eastern Europe, joined a start-up and worked with oranges… Today, this dynamic adventurer heads up the company’s Corporate Services division. He gave us 30 minutes of his time… 1. Tell us more about the road that led you to Atterbury? I grew up in Pretoria as the third of four kids, all boys. After studying at the University of Pretoria, I did articles
Three reasons why we chose Europe for expansion
Opportunity We needed to find a region with a need for more retail space, and not target saturated markets. The risk/reward profile We didn’t feel the risks of entering markets totally foreign to us (such as China, Russia, India or South America) could be predictably and effectively managed. The contacts we established via our first steps in the UK have extended reach into the whole of Europe, including Eastern Europe. This is a more
Atterbury makes landfall in Europe
Being innovative, strategic, forward-thinking and fearless is hardwired into the Atterbury psyche, and these qualities have seen the company flourish as it’s grown beyond its Pretoria roots. The Atterbury network has spread throughout South Africa, been seeded into Africa and now, with the signing of a €200-million investment in Cyprus, will cement its global presence. Gideon Oosthuizen, Executive Director of Atterbury Europe, shares some insider insights. What are the elements of the Cyprus investment?
Atterbury in Edinburgh
Gideon Oosthuizen A deal in Europe doesn’t just happen overnight. Atterbury has been active on the Continent for quite some time. Our first European development venture is the Waverley project in the heart of Edinburgh, Scotland. It is very similar in size and scope to Lynnwood Bridge in Pretoria says Gideon Oosthuizen, Executive Director of Atterbury Europe. “The project includes three hotels which are all let on 25-year lease contracts, and construction on
Atterbury conquers Europe
Atterbury Europe is on everyone’s lips… The recent announcement of Atterbury Europe’s first big transaction on the Continent made headlines in both the South African as well as Cypriot newspapers and television over the past weeks. It’s a deal! Henk Deist, CFO Atterbury Europe and “old man” Nicolas Shacolas seal the deal in Nicosia, capital city of Cyprus Atterbury Europe represents an exciting new partnership between Atterbury and a group of European investors.
Introducing Atterbury Europe
Atterbury Europe is a new company incorporated in the Netherlands that focuses on shopping centre investments and retail development opportunities in Europe, particularly the nascent eastern European region. Atterbury Europe represents a new, high-level partnership between Atterbury and a group of European investors. It will partner with JSE-listed real estate capital growth fund Attacq Limited to tap into this market. It has already made its first landmark investment in a €200-million retail portfolio in
Source named as curators of Johannesburg’s new inner-city creative retail concept
WORK | SHOP | NEW | TOWN, the groundbreaking design-driven local retail concept set to open in Johannesburg’s CBD in November 2015, will be curated by SOURCE, the South African design company run by Trevyn and Julian McGowan of Southern Guild, GUILD and Design Network Africa. The dynamic couple, who are also the curators behind the hugely successful V&A Waterfront’s Watershed project, have been selected by Atterbury Property Group to enhance its award-winning Newtown
Dis-Chem – pharmacists who care
Atterbury’s association with the mega-pharmacy group Dis-Chem commenced in 2009, with the first of many Dis-Chem pharmacies opening its doors at Woodlands. There are currently Dis-Chem pharmacies in more than 10 shopping centres either developed or managed by Atterbury, including Brooklyn Mall, Garden Route Mall, Flamwood Walk, Fountains Mall, Weskus Mall, Westwood Mall, The Grove – Mall of Namibia, Clearwater Mall, Centurion Mall and Glenfair Boulevard. Dis-Chem was established in 1978 as a small pharmacy
Better and better together
The main reason for Atterbury’s association with Shoprite Checkers is that this supermarket group trades exceptionally well. More people visit a shopping mall if Shoprite Checkers is also there. Other retailers also like being in a shopping centre with Shoprite Checkers, due to the increased footfall these shops generate. Shoprite Checkers has targeted the rest of Africa as a growth area. They are looking to increase their footprint in Africa to enable significant economies
Atterbury Property Fund launches 1 July
After much anticipation, we are incredibly privileged to announce today's launch of the new Atterbury Group real estate development fund. This new fund will become the holding company for a number of Atterbury’s quality property assets. A strategic BEE deal is also on the radar. Louis van der Watt, CEO of the Atterbury Group, says: “Atterbury Property Fund will take Atterbury confidently into the future. We are excited to be taking the next step
It’s all happening in Ghana
Atterbury’s Africa expansion is nowhere more vibrant than in Ghana, where Accra’s new West Hills Mall has brought world-class shopping to the West African country; two other brand-new malls are currently under construction, and a third, existing mall is being further developed. Cobus van Heerden and Roux Gerber on site in Kumasi Although the Atterbury team headed by Cobus van Heerden has been flying in and out of Ghana regularly to keep
Mall of Africa an enticing retail proposition at 90% let
Atterbury Property’s giant, 131 000m² Mall of Africa development is already over 90% let, with construction on schedule and progressing apace ahead of its opening in April next year. “Mall of Africa is Atterbury’s single largest and most ambitious development to date. As South Africa’s biggest single-phase shopping mall development, on completion it is set to be valued at R5 billion,” says Atterbury CEO, Louis van der Watt. The new two-level mall forms the
More leading businesses open prime head office properties in Waterfall
Another two top companies will join the fast-growing number of leading businesses to open their doors in prime business development, Waterfall by Atterbury as development manager. Novartis – a world leader in healthcare - and global power group Cummins – open their new strategic South African premises in the burgeoning Waterfall mega development this month (June 2015). These two latest developments to be complete and open at Waterfall have a total development value of
Western Cape back on Atterbury’s radar with new R225 million office development and more to come
Leading national property development and asset management group, Atterbury, has secured the development of a new six-storey office building in Cape Town in its first commercial property development in the Western Cape in recent years. When complete the building is expected to be valued at around R225 million. The strikingly-designed 6 500m² building will be the head office of financial services group Citadel and is located in a prime location in Claremont, adjacent to
Meet the team – Lucille Louw, MD of Atterbury Asset Managers
Lucille, a graduate of the University of Pretoria, joined Atterbury in 2000 and is one of the longest-serving executives in the company. In 15 years she has gained experience in every part of the business, and has run the asset management division, with a portfolio currently worth R17 billion, for a decade. Tell us a bit about your background and how you ended up working for Atterbury. I was born and raised in Pretoria.
Pemba: A foothold in Mozambique
Situated in Pemba, some 2 500km north of our Pretoria head office, Pemba Retail Centre is Atterbury’s first Mozambican development project. It is run in partnership with Attacq, Genesis and local partners as part of Pemba Investment Company Limitada. Project manager Gerhard van der Westhuizen gives a preview into the progress of this exciting development How far is the development at present? Earthworks have been completed and construction is due to start in a
Faces behind Mall of Africa
Amanda de Wit is the leasing coordinator for Atterbury’s biggest retail project to date. She’s been part of the Atterbury family for three years, and gives us a glimpse into what it takes to populate a mall this size with the perfect tenant mix How did you become part of the Mall of Africa project? I came from a law firm, and also worked at the Property Company before I joined Atterbury in February
Countdown Mall of Africa…
The ultimate countdown to the opening of the Mall of Africa has started… 28 April 2016 is D Day. Project Manager Mike Woodruff gives some behind-the-scenes insights into Atterbury’s ground-breaking retail giant. Mall of Africa is set to be a landmark, not just in Gauteng, or South Africa, but in Africa. What sets it apart from the top malls already in existence? The size and scale of the mall, at 131 000m² it’s the
Meet our people: Catherine Bosman
Asset manager Catherine Bosman talks island life, urban landscapes, and travelling with a small baby How did you come to be part of the Atterbury family, and what is your role now? My bloed is blou; I’m a born and bred Pretoria girl, who basically grew up on a construction site. Building is certainly in my blood thanks to my father and grandfather’s influences. During and after my studies at Tukkies to become a
Atterbury wins big at the SAPOA 2015 excellence awards as Newtown Junction takes top honours
Atterbury Property Developments’ new R1.4 billion Newtown Junction mixed-use development in the Joburg CBD took top honours and scooped multiple awards at the 2015 SA Property Owner’s Association (SAPOA) Annual Innovative Excellence in Property Development Awards. Newtown Junction was declared the overall winner at the coveted awards, after also scooping awards for best mixed-use development and the overall transformation award. Atterbury was the big winner at this year’s SAPOA awards with another two Atterbury
Rooms with a view
Atterbury’s association with the City Lodge Group commenced with the completion of the City Lodge, Lynnwood Bridge, in 2010. City Lodge Hotel Waterfall City, opened its doors in December 2014, and the magnificent grounds of its 1.3ha Waterfall City Park will open in 2016. The City Lodge Hotel in Waterfall City offers 149 bedrooms over five storeys with two meeting rooms, wi-fi throughout the building, a bar and a coffee shop. It opened in phases,
Atterbury conquers the fairest Cape
Atterbury is not only expanding world-wide, but has also been planting roots in other parts of South Africa. Gerrit van den Berg is the development manager who oversees Atterbury’s activities in the Western Cape. He takes us on a virtual tour of what is happening. What has Atterbury been up to in the Western Cape? Atterbury has been involved in various commercial and retail projects in the Western Cape over the past 15 years,
