Moneyweb: Attacq’s flagship Mall of Africa devalued by over R1bn in 2020

JSE-listed Attacq’s trophy property asset and South Africa’s sixth largest shopping centre, Mall of Africa, took a valuation hit of over R1 billion in 2020 – highlighting how mega mall owners are being impacted by the ongoing Covid-19 financial crunch globally. However, Attacq’s incoming CEO, Jackie van Niekerk, anticipates that valuations will recover in time. Metope Investment Analyst Kelly Ward comments

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