Growthpoint and Attacq Billions Investment Sparks Stronger Demand in South Africa
Friday, 13 September 2024, 06:34
Strategic Investments by Growthpoint and Attacq
In response to a recent uptick in demand, South African commercial property giants Growthpoint Properties and Attacq are set to invest billions in their respective precincts. Growthpoint has announced a commitment of 4.5 billion rand (approximately $253.42 million), while Attacq is pledging 1.7 billion rand to enhance its portfolio over the next three years.
Market Recovery and Future Outlook
- Growthpoint's investment aims to capitalize on rising demand for commercial spaces.
- Attacq's strategy focuses on expanding its footprint in key areas.
- This wave of investment indicates a broader recovery in the commercial property sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.