https://newsletter.en.creamermedia.com
Africa|Building|Engineering|engineering news|Safety
Africa|Building|Engineering|engineering news|Safety
africa|building|engineering|engineering-news|safety

Attacq starting to see post-pandemic improvement

Attacq starting to see post-pandemic improvement

18th January 2023

     

Font size: - +

From Creamer Media in Johannesburg, this is the Real Economy Report.

Sashnee Moodley:

Real estate investment trust company Attacq has reported an improvement in the office and retail sectors following a downswing during the Covid-19 pandemic. Darren Parker tells us more.

Darren Parker:

The ailing office space subsector of the property market is starting to see a recovery after Covid-19 caused thousands of companies to adopt work-from-home models to protect employees.

However, office space market is starting to experience something of a recovery, according to Attacq.

Attacq CEO Jackie van Niekerk:

Darren Parker:

The retail subsector also suffered significant setbacks during the height of the pandemic, although it has shown remarkable resilience. While Attacq reported that overall footcount for 2022 was still below 2019 levels, it was showing signs of improvement.

Attacq CEO Jackie van Niekerk:

Darren Parker:

Meanwhile, Attacq’s residential developments across Waterfall City also benefitted from robust demand during 2022, which the company attributed to the safety and lock-up-and-go convenience afforded to residents.

In particular, the company reported that its Ellipse multi high-rise apartment building developments in Waterfall City have enjoyed significant success over the past year.

Attacq CEO Jackie van Niekerk:

Sashnee Moodley:

That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy. Don’t forget to listen to the audio version of our Engineering News daily email newsletter.

Edited by Creamer Media Reporter

Comments

 

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
BOVA Safety Wear
BOVA Safety Wear

BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.249 0.339s - 183pq - 2rq
Subscribe Now