Attacq Limited · JSE:ATT
Attacq — Investor Day (October 2024)
38 slides from Attacq's investor day presentation, October 2024
Slide 1: Investor Day October 2024
Investor Day October 2024
Slide 2: Waterfall City overview
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City overview https://youtu.be/17Tr-_s31Ns 2
Slide 3: Developing Waterfall City
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Developing Waterfall City, Skyline dev photo? Waterfall City Johannesburg Where living works David Oosthuizen Aerial view of Logistics Hub 3
Slide 4: Waterfall City 2012
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City 2012 4
Slide 5: Waterfall City 2024
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City 2024 5
Slide 6: A city of connection: locality
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 A city of connection: locality All roads lead to Waterfall City Click here for interactive map 6
Slide 7: Waterfall City masterplan – a unique proposition
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City masterplan – a unique proposition • Modern urban design planning • Large scale multi-use development • Infrastructure built on scale and managed privately • Provides for large scale sustainability initiatives, includi
Slide 8: Developing Waterfall City – the current picture
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Developing Waterfall City – the current picture 39.1% 10.5% Remaining 3.4% bulk 0.9% per land 0.5% parcel (%) 1.7% 43.9% 0.6% 34.4% 12.2% 5.6% 56.4% 7.7% Waterfall 9.5% Remaining City (%) bulk (%) Total bulk#: 4.2% Total bulk#: 2 55
Slide 9: Waterfall City – a development node
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City – a development node 9
Slide 10: Waterfall City – a city of collaboration
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City – a city of collaboration Ellipse Waterfall • Total sold: 92.5% • Bankable sales: 86.7% • 98.2% of phase 1 transferred • 97.8% of phase 2 transferred • 80.4% of phase 3 sold, 62.7% bankable sales • Phase 3 practical c
Slide 11: Logistics hubs - Waterfall Junction
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Logistics hubs - Waterfall Junction 11
Slide 12: Logistics hubs - Waterfall Junction
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Logistics hubs - Waterfall Junction 12
Slide 13: Logistics hubs - Waterfall Junction
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Logistics hubs - Waterfall Junction 13
Slide 14: Logistics hubs - Waterfall Junction
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Logistics hubs - Waterfall Junction 14
Slide 15: Lourens du Toit
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Lourens du Toit Head of Sustainability, Infrastructure and Land Distribution Campus (LP8 North), Waterfall City 15
Slide 16: Waterfall City – infrastructure
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City – infrastructure • >8km of new roads, fully signalised intersections Heading… • Dedicated cycle lanes and pedestrian • xxxxxx walkways along all roads • 25 bus stops / layby areas • New water infrastructure >8.5km • N
Slide 17: Waterfall City – urban design and precinct focus
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City – urban design and precinct focus 17
Slide 18: Attacq Energy and Smart Utility Hub
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Attacq Energy and Smart Utility Hub Energy consumption* (%) • Underpins and enables proactive decision making, accurate reporting and most importantly, to monetise renewable energy 6.8 5.3 via Rooftop PV systems and PPAs 72.5 5.6 •
Slide 19: Smart Utility Hub (SUH)
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Smart Utility Hub (SUH) 19
Slide 20: Leasing trends
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Lynnwood Bridge Precinct, Pretoria Leasing trends Waterfall City, Johannesburg Brooklyn Bridge Precinct, Pretoria Debbie Theron Head of MooiRivier Mall, Potchefstroom Business Development Eikestad Mall, Stellenbosch Garden Route Mal
Slide 21: Market vacancy trend comparison
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Market vacancy trend comparison Nodal vacancy / Waterfall City % 18% 29 170m² 37 146m² 191 609m² 23 703m² 16% 15% 14% 14% 14% 14% 14% 14% 13% 13% 13% 13% 13% 12% 12% 10% 9% 9% 9% 9% 8% 6% 0% Sep 23 Dec 23 Apr 24 Jun 24 Sep 24 Sep 23
Slide 22: Market rental trend: A-grade buildings vs ATT A-grade buildings
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Market rental trend: A-grade buildings vs ATT A-grade buildings A-grade gross rental/m² 250 226 223 219 212 208 200 168 168 168 171 155 155 157 157 155 155 150 138 139 135 135 130 100 50 0 Sep 23 Dec 23 Apr 24 Jun 24 Sep 24 Sep 23 D
Slide 23: Market rental trend: ATT A grade vs P grade
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Market rental trend: ATT A grade vs P grade P-grade gross rental/m² 300 275 272 266 238 238 226 223 220 219 208 207 212 208 202 202 202 202 202 203 203 200 100 0 Sep 23 Dec 23 Apr 24 Jun 24 Sep 24 Sep 23 Dec 23 Apr 24 Jun 24 Sep 24
Slide 24: Return to office post lockdown
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Return to office post lockdown Total portfolio tenant occupancy % Incentives to return 100% to office • Attractive workspace offerings 80% • Amenities • Leadership presence • Flexible work models 60% 40% 20% 0% Aug Oct Dec Feb Apr J
Slide 25: Waterfall City collaboration hub net rentals
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Waterfall City collaboration hub net rentals Waterfall City net rental trend (R/m²) 180 160 140 120 100 Jun 2020 Jun 2021 Jun 2022 Jun 2023 Jun 2024 Jan 2025 R/m² net rental - new and renewed leases signed Average for period FY 2021
Slide 26: Logistics hub as at 30 September 2024
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Logistics hub as at 30 September 2024 • Total GLA: 257 508m2 Notable clients: • Total vacancy: 23 689m2 • Total vacancy: 9% of Logistics hubs • Vacancy consists • Two newly developed midi units (one has been let) • Ex-Dischem wareho
Slide 27: A city of commerce: Drawing the right Brands in to the city
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 A city of commerce: Drawing the right Brands in to the city Technology and Health and Financial Motor, auto Retail telecommunications pharmaceuticals services and transportation 1 2 3 4 5 FMCG Other industries Engineering, construct
Slide 28: Elsewhere in the Northern Suburbs of Johannesburg
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Elsewhere in the Northern Suburbs of Johannesburg 28
Slide 29: Smart, safe and sustainable Waterfall City
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Smart, safe and sustainable Waterfall City 29
Slide 30: Annexures
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Annexures 30
Slide 31: Mall of Africa as at 30 June 2024
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Mall of Africa as at 30 June 2024 • Largest shopping mall (129 367m² GLA) built in a single phase in Southern Africa • “Coolest” mall in South Africa by the Sunday Times Gen Next survey for the 6th year running (September 2023) • >3
Slide 32: Lynnwood Bridge precinct, incl Glenfair Boulevard
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Lynnwood Bridge precinct, incl Glenfair Boulevard Lynnwood Bridge precinct, Part of Pretoria Rest of South Africa completed portfolio Waterfall City, Johannesburg MooiRivier Mall, Potchefstroom Eikestad Mall, Stellenbosch www.shopgl
Slide 33: Sustainability at Lynnwood Bridge precinct
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Sustainability at Lynnwood Bridge precinct • Rooftop PV systems, 852kWp • Generator upgrade • Back-up water tank installation • Upgrade to water-wise gardening • Basement LED lighting retrofit Label….. 33
Slide 34: Lynnwood Bridge precinct layout
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Lynnwood Bridge precinct layout Lynnwood Bridge – retail, Pretoria 34
Slide 35: Glenfair Boulevard layout and highlights
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Glenfair Boulevard layout and highlights Glenfair Boulevard Shopping Centre, Pretoria 35
Slide 36: Corporate information
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Corporate information 01 02 03 Independent non-executive directors Executive directors Company secretary P Tredoux (Chairperson) JR van Niekerk (CEO) W Modisapodi HR El Haimer (Lead independent) R Nana (CFO) [email protected] FFT De
Slide 37: Disclaimer
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 Disclaimer This presentation and any materials distributed in connection with this presentation may include certain forward-looking statements beliefs or opinions including statements with respect to the company’s business financial
Slide 38: ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024
ATTACQ | Waterfall City and Lynnwood Bridge Site Visit October 2024 38