Equities

Fortress Reit Ltd

Fortress Reit Ltd

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  • Price (EUR)0.695
  • Today's Change-0.005 / -0.71%
  • Shares traded0.00
  • 1 Year change-19.93%
  • Beta--
Data delayed at least 15 minutes, as of Aug 05 2022 19:26 BST.
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About the company

Fortress REIT Limited is a South Africa-based real estate investment trust (REIT) company. The Company is specialized in the logistics and retail property sectors. It focuses on developing, owning and letting premium-grade logistics real estate in South Africa, as well as convenience and commuter-oriented retail portfolio which comprises 53 shopping centers, including properties co-owned with partners. The Company's segments include Retail, Logistics, Industrial, Office, Corporate and Others. Approximately 84 of its investment properties are concentrated in the three provinces of South Africa, being Gauteng, KwaZulu-Natal and the Western Cape. Its properties include Evaton Mall, Weskus Mall, The Plaza (Mbombela), The Galleria, Checkers Mayville, Park Central Shopping Centre, Pineslopes Shopping Centre, Rustenburg Plaza, Central Park Bloemfontein, Central Park Bloemfontein, Montague Business Park, Clairwood Logistics Park, Frankenwald Drive Longlake, Union Park Alberton, and others.

  • Revenue in ZAR (TTM)3.31bn
  • Net income in ZAR3.72bn
  • Incorporated2009
  • Employees63.00
  • Location
    Fortress Reit LtdBlock C, Cullinan Place, Cullinan Close,JOHANNESBURG 2196South AfricaZAF
  • Phone+27 112822800
  • Fax+27 862317314
  • Websitehttps://fortressfund.co.za/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FFB:JNB since
announced
Transaction
value
Eli Park 1Deal completed06 Sep 202106 Sep 2021Deal completed47.25%--
Data delayed at least 15 minutes, as of Aug 05 2022 16:00 BST.
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