industry news
Attacq introduces new Head of Development A ttacq, the pioneering JSE-listed capital growth property fund, has appointed accomplished property professional Pete Mackenzie as its Head of Development. This new position highlights Attacq’s strategic focus on development, and aims to grow its skills base under the leadership of a seasoned property development and investment professional. Mackenzie has more than 25 years of experience in property construction, development and investment industries, in a career that includes a progression of senior positions with performance-driven companies.
Prior to joining Attacq, Mackenzie ran his own development business, MacEagle Properties. Before that he was the Managing Director of JSE AltX-listed Vunani Properties, and was part of the team that grew the business from its inception to become a respected player in the South African property environment in the space a decade. Preceding his role at Vunani, Mackenzie was the Managing Director of Pegasus 111 Properties, the development arm of Corovest Property Group. Mackenzie holds a BSc in building management from the University of Cape Town and an MBA from Wits Business School. He has also completed the
SAPOA Property Development Programme at the University of Cape Town’s Business School. “Pete’s experience in property development and in the listed property sector gives him a solid platform for the task of overseeing all of Attacq’s developments,” says Attacq CEO Morné Wilken of the appointment. “We welcome Pete and look forward to the skills and insight he will bring to Attacq. His long record of professional achievement positions him to make a valuable contribution to the Attacq team and Exco.” “It is an extremely exciting opportunity to be able to work with a quality team on the best piece of real estate in South Africa,” says Mackenzie.
“I would like to ensure that whatever developments Attacq undertakes, we create buildings that we can be proud of. I am committed to building a team that makes people stand up and take note of Attacq – and of Waterfall in particular – for its development excellence.”
Pete Mackenzie, Head of Development at Attacq
Social Housing Regulatory Authority Centre in KZN secures turns the tide more top retailers
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he new multi-million rand Tugela Ferry Mall and Jozini Mall in rural KwaZulu-Natal have been trading very well since opening. Both have had an excellent festive season. That’s the word from Gavin Tagg, CEO of Retail Network Services, the leading full-service specialist retail leasing and development company that is responsible for leasing both centres. The 15 000m² Tugela Ferry Mall has been open for almost nine months, while the 18 000m² Jozini Shopping Centre opened in October 2013. “Tugela Ferry is a vibrant yet isolated town in rural KwaZuluNatal that previously did not have a quality one-stop shopping centre,” says Tagg. “Residents previously had to travel long distances for basic shopping
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services, with Tugela Ferry being 45km north of Greytown.” A 3 000m² Shoprite supermarket and a 1 350m² Cashbuild anchor the Tugela Ferry Mall. New additions secured as part of the Tugela Ferry Mall tenant mix since its opening include Edgars Active, Legit, Ackermans, Focus Cosmetics, Chesa Nyama and Debonairs. Meanwhile, the great news for Jozini Shopping Centre is that leading national health, beauty and pharmacy retailer Clicks will be opening a 550m² store at the centre soon. This will be the first Clicks store in the town of Jozini. “Jozini is a bustling tourist town in northern KZN and Jozini Mall is a quality addition to the town’s retail offering,” says Tagg.
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he Social Housing Regulatory Authority (SHRA) has appointed a new CEO, Rory Gallocher. This comes after a two-year period of the organisation being put under administration by the Department of Human Settlements. In 2014, Minister of Human Settlements Lindiwe Sisulu disbanded the then-board of the SHRA and set up remedial measures at the organisation. These included: ●● Instituting a transparent and fair process of accreditation of social housing institutions; ●● The appointment of an administrator who would be a caretaker CEO until a permanent appointment of a suitable candidate; ●● Repositioning the SHRA as the driver of a key component of housing delivery in urban centres; and ●● Setting up a new board that would drive the organisation according to its core mandate. In 2015 a new board was appointed; now a new CEO takes over. This is a move to ensure that the SHRA attains its goal of delivering 27 000 social housing units by 2019. Gallocher comes to the SHRA from Johannesburg Social Housing Company, where he was also the CEO and in charge of changing Johannesburg’s affordable housing landscape. Gallocher has a master’s degree in town and regional planning from the University of KwaZulu-Natal.
SOUTH AFRICAN PROPERTY REVIEW
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2016/02/18 2:33 PM