Waterfall welcomes PSG Wealth to The Ingress

Johannesburg, 04 Dec 2018

Attacq, the JSE listed property company developing Waterfall City and Waterfall Logistics Hub, is proud to announce that PSG Wealth is set to move into one of its new developments – The Ingress.

PSG Wealth, a division of JSE-listed independent financial services group PSG Konsult, will be taking up residency in Building 1 of The Ingress, a four-storey building comprising 4 376m², lease commencing August 2019. The wealth management firm, which has its eyes set on expanding its operations in the southern African region, is the latest in a long line of blue-chip firms choosing to make Waterfall home.

The Ingress, a five-building office precinct in close proximity to the Mall of Africa and Allandale road, is the latest in a long line of developments that include the iconic PwC Tower, BMW Regional Distribution Centre, Cummins head office and, currently under construction, Deloitte Headquarters, to name a few. The new office precinct will offer a high-quality corporate office park experience that encompasses the very best in urban design and sustainability principles.

“Our vision is to be one of South Africa’s leading wealth managers and we want our offices to have the appropriate stature, visibility and ease of access. Waterfall’s close proximity to the surrounding business nodes, airports and infrastructure was a key consideration, as was ease of access for our employees and the convenience of the multi-use complex which offers a wide variety of amenities,” says Marilize Lansdell, CEO of PSG Wealth.

The Ingress prioritises a number of green building focused measures, such as green infused shading and paving. All buildings within the precinct include alternate glass solutions, flush glazing, external louvres and deep-set windows. Combined, these components work to ensure that all buildings perform to the highest environmental standards.

“We are delighted to welcome PSG Wealth to the Ingress and thank them for their vote in confidence. With some of world’s most prestigious consulting institutions making their way to our city, I think it’s fair to say that Waterfall is fast establishing itself as an important financial hub for the country,” says Melt Hamman, Chief Executive Officer of Attacq.

Waterfall

Waterfall is the latest growth node of Gauteng, the economic hub of the African continent. Poised to be the new CBD of Gauteng, Waterfall offers the ultimate Work-Life balance. Waterfall, the largest urban concept development, is rapidly developing into a true lifestyle and blue-chip business destination. Its Work-Life concept is further supported by city’s first inner city residential development, Ellipse Waterfall.

Located between the metropolises of Johannesburg and Pretoria, Waterfall City, the CBD of Waterfall, is conveniently located west of the N1 motorway at the Allandale Road exit. This new commercial hub of Gauteng boasts the largest single-phase mall in Africa, appropriately named The Mall of Africa.

At Waterfall, state-of-the-art spatial design is taken to the next level. Green building design and many lifestyle features including running lanes and a luscious green park, ensures the enjoyment of nature as part of this modern destination development.

To the east of the N1 motorway good visibility and accessibility makes Waterfall Logistics Hub an attractive location for ultra-modern light and high-tech industrial, logistics and distribution business. The ability to have cross-functional teams on one site enables seamless collaboration, improved productivity and increased customer satisfaction. Among the leading brands that have made Waterfall their home are PwC, Deloitte and Dimension Data. The BMW Group SA’s purpose-built regional distribution facility has also been completed, with the location providing a strategic servicing advantage. Waterfall also has an impressive track record of securing large-scale deals and delivering high-quality, purpose-built developments.

Attacq

Attacq Ltd is a premier Real Estate Investment Trust (REIT), founded in 2005 and listed in the Johannesburg Stock Exchange (JSE) in 2013. It is the owner and manager of a high-quality property portfolio of assets worth over R29 billion in total asset value and is the property developer of the iconic Waterfall node.

Attacq delivers exceptional and sustainable growth through its real estate investments and developments in Waterfall City, Waterfall Logistics Hub and retail precincts. Property sectors include retail, office and mixed-use, light industrial and hotel, while the iconic Mall of Africa and PwC Tower are also amongst Attacq’s premium assets.

Bolstered by its four key value drivers, namely (1) the South African portfolio, (2) the developments at Waterfall , (3) its investment in MAS Real Estate Inc. (which has a presence in Central and Eastern Europe), and (4) the rest of Africa retail investments, Attacq is firmly positioned as one of the country’s preeminent REITS, offering both sustainable income distributions and capital growth.

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PSG Wealth

PSG Wealth, a division of PSG, provides a comprehensive wealth management offering, designed to meet the needs of individuals, families and businesses.

PSG is a leading independent financial services group, with an extensive national footprint and Namibian presence. Listed on the JSE as PSG Konsult Ltd, the company has been in operation since 1998, and offers a value-orientated approach to clients’ financial needs, from asset and wealth management to insurance.