Attacq management commentary says FY2026 normalised DIPS rises 15.5% on rental escalations, higher occupancy, new developments, lower finance costs
Reuters2026/09/15 05:16- Attacq management commentary on annual results for the year ended June 30, 2026 flagged normalised DIPS up 15.5% to 125.1 cents.
- Full-year DPS rose 17.2% to 102 cents, reflecting contractual rental escalations, higher occupancy, completed developments income, lower net finance costs.
- Rooftop PV expansion lifted recoveries of municipal charges, supporting earnings; normalised municipal recovery ratio improved to 97.8% from 94.4%.
- Vantage data center JNB 12.1 added 11,151 m² of GLA in Waterfall City, with 5,576 m² effective, fully occupied.
- Interest cover ratio strengthened to 3.21 times from 2.95 times; weighted average cost of debt fell to 8.7% from 9.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bernstein: CoreWeave (CRWV.US) may be most affected if AI model development slows down
Bernstein stated that the calls from industry giants to slow down artificial intelligence (AI) model training could negatively impact data center developers and new cloud service providers, with CoreWeave possibly being one of the companies most affected.

Employment Data "Surprises" Support Bank of England to Hold Interest Rates Steady on Thursday
UK employers are laying off workers at the fastest pace in nine months, highlighting the weakness in the country's labor market.

NuWays reiterates Buy on MHP Hotel, cuts price target to EUR 3.5