{"id":7944,"date":"2024-11-27T16:01:49","date_gmt":"2024-11-27T14:01:49","guid":{"rendered":"https:\/\/sareit.co.za\/?p=7944"},"modified":"2024-11-27T16:01:49","modified_gmt":"2024-11-27T14:01:49","slug":"delivering-strong-performance-aligned-with-strategic-goals","status":"publish","type":"post","link":"https:\/\/muddev.co.za\/sareit\/delivering-strong-performance-aligned-with-strategic-goals\/","title":{"rendered":"Delivering strong performance aligned with strategic goals"},"content":{"rendered":"<p><strong>Delivering strong performance aligned with strategic goals<\/strong><\/p>\n<p>Attacq Limited is proud to share its latest pre-close update, reflecting solid progress aligned with our strategic vision and reinforcing confidence in achieving our FY25 distributable income per share (DIPS) growth guidance of 17% to 20%.<\/p>\n<p>As a JSE-listed REIT, Attacq remains committed to delivering long-term value for stakeholders, with recent achievements demonstrating our dedication to sustainable growth and resilience.<\/p>\n<p>Key highlights from the update include:<\/p>\n<p>&#8211;\u00a0 A high <strong>occupancy rate of 92%<\/strong> and an impressive <strong>collection rate of 98.7%<\/strong>, reflecting the strength of our portfolio and partnerships<\/p>\n<p>&#8211; The <strong>successful R760 million DMTN<\/strong> issuance at reduced margins fortifies our financial flexibility, with <strong>FY25 interest cover ratio projected above 2.5 times and gearing below 30%<\/strong><\/p>\n<p>&#8211; <strong>Five rooftop PV systems<\/strong> are in progress, elevating our <strong>renewable energy mix to 9.3%<\/strong> and advancing sustainablity objectives<\/p>\n<p>&#8211; <strong>The Waterfall Junction water connection has been finalised<\/strong>, creating pathways for developments and sustained economic growth<\/p>\n<p>&#8211; Strategic upgrades, including a <strong>1 995m\u00b2 Checkers expansion and 23 store revamps<\/strong>, modifying the retail experience and enhancing value for our clients and shoppers.<\/p>\n<p>Attacq\u2019s achievements are a testament to our unwavering commitment to people, purpose, and progress. \u201c<em>Our journey is driven by a vision to create spaces that inspire, deliver sustainable growth, and leave a lasting impact on the communities we serve<\/em>,\u201d says <strong>CEO Jackie van Niekerk.<\/strong><\/p>\n<p>With an eye on the future, Attacq continues to lead through innovation and purpose, building a sustainable legacy characterised by growth and resilience<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delivering strong performance aligned with strategic goals Attacq Limited is proud to share its latest pre-close update, reflecting solid progress aligned with our strategic vision and reinforcing confidence in achieving our FY25 distributable income per share (DIPS) growth guidance of 17% to 20%. As a JSE-listed REIT, Attacq remains committed to delivering long-term value for [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":7943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[9],"tags":[23,79,62,33,88,19,95],"class_list":["post-7944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-members-news","tag-attacq","tag-environmental-sustainability","tag-financial-results","tag-listed-property","tag-sa-retail","tag-sareit","tag-vacancy-levels"],"featured_image_src":{"landsacpe":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2024\/11\/Jackie-van-Niekerk.web_-scaled-1-1140x445.jpg",1140,445,true],"list":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2024\/11\/Jackie-van-Niekerk.web_-scaled-1-463x348.jpg",463,348,true],"medium":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2024\/11\/Jackie-van-Niekerk.web_-scaled-1-300x243.jpg",300,243,true],"full":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2024\/11\/Jackie-van-Niekerk.web_-scaled-1.jpg",2560,2073,false]},"_links":{"self":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts\/7944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/comments?post=7944"}],"version-history":[{"count":0,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts\/7944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/media\/7943"}],"wp:attachment":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/media?parent=7944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/categories?post=7944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/tags?post=7944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}