Attacq expects to grow its distributable income per share (DIPS) 11%-14%, driven by ongoing development expansion in one of South Africa’s premier mixed-use smart city precincts, Waterfall City.

In its pre-close update for the year to end-June, the group reported 87,516m² of gross lettable area (GLA) development activity, backed by about R2.1bn in capital investment, spanning a client-led warehouse, Pantry, Aspire residential units, and the City Lodge expansion, as well as a R750m hotel and conference centre.

Read the full article in Business Day here.