for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Fortress REIT Ltd

FFAJ.J

Latest Trade

2,075.00ZAc

Change

20.00(+0.97%)

Volume

1,141,267

Today's Range

2,027.00

 - 

2,091.00

52 Week Range

1,600.00

 - 

2,200.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
2,055.00
Open
2,061.00
Volume
1,141,267
3M AVG Volume
39.61
Today's High
2,091.00
Today's Low
2,027.00
52 Week High
2,200.00
52 Week Low
1,600.00
Shares Out (MIL)
2,219.29
Market Cap (MIL)
34,822.32
Forward P/E
5.53
Dividend (Yield %)
16.37

Latest Developments

More

Fortress Reit Posts FY Total IFRS Revenue Of 3.63 Bln Rand

Fortress REIT Says Mark Stevens Stepped Down As Chief Executive Officer

Fortress Reit Sees FY Total Distributable Income Growth Of Between 3% And 4%

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Fortress REIT Ltd

Fortress REIT Limited, formerly Fortress Income Fund Limited, is a real estate investment trust (REIT), which invests in both physical property and listed property securities. The Company's segments include Logistics, Industrial, Office, Retail, Other, Corporate South Africa and Corporate Europe. The Company owns and develops logistics warehouses, which are let to corporate tenants on long leases. The Company also invests in retail properties focused on transport nodes. The Company's equity portfolio consists of both local listed REITs and international listed property securities. The Company focuses on development of prime logistic warehousing, retail centers and strategic offshore investments. The Company's portfolio includes development properties, industrial properties, logistics properties, office properties, residential properties, retail properties and other properties.

Industry

Construction Services

Contact Info

Cullinan Office Park, 35 Cullinan Close

+27.11.2822800

https://www.fortressfund.co.za/

Executive Leadership

Iraj Abedian

Independent Non-Executive Chairman of the Board

Steven Brown

Chief Executive Officer, Finance Director, Managing Director, Executive Director

Sipho Majija

Executive Director

Mark Walter Stevens

Executive Director

Fareed Ismail Wania

Executive Director

Key Stats

4.50 mean rating - 2 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2017

3.3K

2018

3.4K

2019

3.4K

2020(E)

2.3K
EPS (ZAR)

2017

1.658

2018

1.090

2019

1.040

2020(E)

1.525
Price To Earnings (TTM)
8.14
Price To Sales (TTM)
9.60
Price To Book (MRQ)
0.60
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
49.22
LT Debt To Equity (MRQ)
41.75
Return on Investment (TTM)
5.22
Return on Equity (TTM)
4.81

Latest News

Latest News

BRIEF-Fortress REIT Announces ‍Restructure Of Siyakha Education Trusts

* FORTRESS REIT - RESTRUCTURE OF SIYAKHA EDUCATION TRUSTS, INTENTION TO UNWIND CROSS-SHAREHOLDING, FURTHER CAUTIONARY ANNOUNCEMENT

BRIEF-Fortress REIT To Commence Negotiations With Trustees Of And Other Lenders To Siyakha Education Trusts

* TO COMMENCE NEGOTIATIONS WITH TRUSTEES OF AND OTHER LENDERS TO SIYAKHA EDUCATION TRUSTS REGARDING ALL LOANS TO TRUSTS AND UNDERLYING COLLATERAL

BRIEF-Fortress REIT Says Noted Announcements By Resilient REIT Ltd​

* FORTRESS HAS NOTED ANNOUNCEMENTS BY RESILIENT REIT LIMITED

BRIEF-Fortress REIT ‍Says H1 HEPS For Class A Shares At 195.93 Cents

* H1 DIVIDEND FOR A SHARE INCREASED FROM 67,96 CENTS PER SHARE TO 71,20 CENTS PER SHARE

BRIEF-Fortress Income investment properties valued at 28.7 bln rand at Dec. 31

* Condensed unaudited consolidated interim financial statements for six months ended Dec. 31, 2016

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up