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XJSE
FFB
Market cap1.94bUSD
Oct 30, Last price  
2,475.00ZAR
1D
0.61%
1Q
-2.21%
Jan 2017
-23.45%
IPO
1,891.98%
Name

Fortress Real Estate Investments Ltd

Chart & performance

D1W1MN
XJSE:FFB chart
P/E
6.38
P/S
5.05
EPS
3.88
Vol. 1Y
21.94%
Shs. 5Y
-10.69%
Rev. 5Y
14.67%
Div Yld LY
6.56%
Div Yld TTM
7.22%
Revenues
6.41b
+6.55%
289,362,000465,915,000569,871,000688,008,000763,429,000842,493,0002,276,344,0003,296,915,0003,633,404,0003,628,427,0003,617,183,0003,233,454,0003,446,471,0003,787,954,0004,333,000,0006,015,606,0006,409,584,000
Net income
5.07b
+89.54%
132,838,000282,883,000587,211,0001,271,763,0001,164,854,0002,563,782,000-5,371,757,0004,420,054,000-4,904,290,0002,617,631,000-8,369,338,0003,352,901,000777,817,0005,917,362,0004,332,680,0002,676,257,0005,072,607,000
CFO
2.27b
+29.47%
102,786,00040,965,00036,176,00030,075,00022,668,000-355,177,000-678,385,000-1,155,486,000-2,714,644,000-1,290,398,000579,933,0001,461,847,0001,317,601,000721,828,0001,211,586,0001,755,402,0002,272,760,000
Dividend
Oct 14, 202690.91 ZAR/sh

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Profile

Fortress began trading on the main board of the Johannesburg Stock Exchange (JSE) on October 22, 2009, initially established as a property loan stock company. Its inaugural market capitalization of R1.8 billion made it the most substantial initial listing in the entire listed property sector at that time. On July 1, 2013, Fortress transitioned its structure to become a Real Estate Investment Trust (REIT). The company operates as a hybrid fund, strategically investing in both directly owned real estate assets and securities of other listed property entities and REITs. A core focus for Fortress is the development of high-quality logistics properties, alongside ongoing investment in its retail portfolio. Currently, its diverse portfolio encompasses industrial, logistics, office, retail, and other property segments.

Related entities

Subsidiaries (3)
FORTRESS LOGISTICS PARK STARGARD SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA
FORTRESS LOGISTICS PARK ZABRZE SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA
RPGZ XIX SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA

Key people

Ian Vorster
Chief Financial Officer, Finance Director, Executive Director, Debt Officer · since 2024
Steven Brown
Chief Executive Officer, Managing Director, Executive Director · since 2019
Sipho Majija
Executive Director, Director - Retail Portfolio · since 2023
Tamlyn Stevens
Company Secretary · since 2016
Independent Non-Executive Director · since 2024
Thavanesan Chetty
Independent Non-Executive Director · since 2021
Jonathon Hillary
Independent Non-Executive Director · since 2023
Hermina Lopion
Independent Non-Executive Director · since 2020
Susan Ludolph
Independent Non-Executive Director · since 2018
Nonhlanhla Mayisela
Independent Non-Executive Director · since 2024
Sharron Naidoo
Independent Non-Executive Director · since 2025
Edwin Oblowitz
Independent Non-Executive Director · since 2023
Moshiko Rampheri
Independent Non-Executive Director · since 2023
IPO date
Oct 22, 2009
Employees
Domiciled in
ZA
Incorporated in
ZA
Headquarters & legal address
Block C Cullinan Place
35 Cullinan Close
Morningside
Sandton, GP 2196
ZA
Previous name
Fortress REIT Limited

Valuation

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