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XJSE
FFB
Market cap3.29bUSD
Sep 17, Last price  
2,464.00ZAR
1D
-0.88%
1Q
-2.03%
Jan 2017
-23.79%
IPO
1,883.13%
Name

Fortress Real Estate Investments Ltd

Chart & performance

D1W1MN
XJSE:FFB chart
P/E
10.54
P/S
8.34
EPS
2.34
Div yield, %
6.59%
Shrs. gr., 5y
-10.69%
Rev. gr., 5y
14.67%
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
Mar 31, 202687.89 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

Steven Brown
Chief Executive Officer, Finance Director, Managing Director, Executive Director · since 2019
Ian David Vorster
Chief Financial Officer, Finance Director, Executive Director · since 2018
Sipho Majija
Executive Director · since 2017
Willem Jakob Serfontein
Financial Director, Executive Director · since 2011
Mark Walter Stevens
Chief Executive Officer, Managing Director, Executive Director · since 2009
Fareed Ismail Wania
Executive Director · since 2016
Bernita Schaper
Company Secretary
Independent Non-Executive Director · since 2018
Vuyiswa Reitumetse Mutshekwane
Independent Non-Executive Director · since 2018
Jan Naude Potgieter
Independent Non-Executive Director · since 2015
Djurk Peter Claudius Venter
Independent Non-Executive Director · since 2009
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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