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XJSE
FFB
Market cap3.28bUSD
Aug 28, Last price  
2,438.00ZAR
Name

Fortress Real Estate Investments Ltd

Chart & performance

D1W1MN
XJSE:FFB chart
P/E
19.77
P/S
8.80
EPS
1.23
Div yield, %
6.66%
Shrs. gr., 5y
-10.84%
Rev. gr., 5y
10.71%
Revenues
Net income
CFO
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.
IPO date
Oct 22, 2009
Employees
Domiciled in
ZA
Incorporated in
ZA

Valuation

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