Attfund, Pretoria

Attfund
Address:
570 FEHRSEN STREET, WATERKLOOF, Pretoria, 0181

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Opening Hours

Open now, Closes in 5 hours

Closes in 5 hours
Thursday
08:00 - 17:00
Friday
08:00 - 17:00
Saturday Closed
Sunday Closed
Monday
08:00 - 17:00
Tuesday
08:00 - 17:00
Wednesday
08:00 - 17:00
updated more than 2 years ago

Opening Hours

Open now, Closes in 5 hours

Closes in 5 hours
Thursday
08:00 - 17:00
Friday
08:00 - 17:00
Saturday Closed
Sunday Closed
Monday
08:00 - 17:00
Tuesday
08:00 - 17:00
Wednesday
08:00 - 17:00

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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.


Company 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.

Categories & Keywords

  • Office Park
  • Property Specialists
  • Business Strategy
  • Black Economic Empowerment Consortium
  • Retail Holdings
  • Corporate Office Parks
  • Parkdev Academy
  • Property Management Expertise
  • Labour Force
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