JSE-listed real estate investment trust (Reit) Attacq, which is developing Waterfall City, in Gauteng, has concluded its landmark R2.7-billion transaction with the Government Employees Pension Fund (GEPF). Under the terms of the transaction, the GEPF has acquired a 30% shareholding in Attacq Waterfall Investment Company Proprietary Limited (AWIC) – the company that holds the Waterfall City development rights.