
Click HERE to visit us on Facebook Atterbury to list its property fund in Q4 Could sell five regional shopping centres to Vukile. JOHANNESBURG – The Atterbury Group plans to list its property fund on the JSE in the fourth quarter of this year. According to MornĂ© Wilken, chief executive officer of the fund – currently called Atterbury Investment Holdings – the reasons for the proposed listing is twofold. “It potentially will create more liquidity for our shareholders, because in an unlisted company – although it is public – it is more difficult to trade,” he says. It will also make it easier for the company to raise money for its huge development pipeline, such as the R3bn Mall of Africa in Waterfall, in future. Louis van der Watt (pictured), chief executive officer of the Atterbury Group, says the fund’s gross assets is valued at around R12bn. Depending on the gearing, the market cap of the fund could be around R6bn during its initial listing. Atterbury is still co