FORTRESS REIT LIMITED

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Fortress Reit Limited JSE: FFB

Fortress SA shares

Background of Fortress

  • Fortress REIT Ltd is a property group of diverse proportions. The company operates as a capital investment trust that focuses on prime logistic warehousing, which it leases out to corporate tenants over long lease periods. This Johannesburg based powerhouse operates mainly within logistics, which consists of around 42% of their effort. Logistics is shortly followed by retail (35%), industrial (13%) and office (10%) properties.

  • Fortress CEO, Mark Stevens, says that the company’s time investment percentages are a key marker as to the future they see in the sector. He strongly believes that South Africa’s rural retail space is of significant future importance.

  • A key example of Fortress’s investment efforts can be seen in projects such as the Clairwood Logistics park. This R4 billion project in KZN is expected to be fully operational by 2025 and stands as a proud measure of the company’s prowess.

Fortress Shares Growth Driver

  • The property sector has been a formidable force in almost any era. Modern ages are certainly no exception, with increased need for development as the sector grows as rapidly as ever. Success within this sector requires a strong and extensive portfolio that is backed by standout project investments. The trust operates in the big leagues, this fact, being backed by their latest big money involvement in projects such as Eastport Logistics Park, Clairwood Logistics Park, Cornubia Ridge Logistics Park and Long Lake Logistics Park. These projects are billions of Rands strong, a fact that makes Fortress a serious big guy in the property investment sector. Fortress has also seen increasing success in retail properties, with significant projects such as the Galleria mall and Weskus Mall being holdings of note. Fortress REIT Ltd is a diverse company with significant experience within a developing and flourishing market. The company continues to invest into successful major corporate ventures on an impressive scale.

Fortress Group Investor Tip

  • Fortress Reit Ltd has seen recent changes within the board of directors. Rual Bornman resigned as financial director, effectively on 2 July and is succeeded by Steven Brown – who is been appointed as the new financial director, with effect on 2 July. Even though ill health was cited as the reason for his departure, Rual Bornman has vowed to continue making his financial expertise available to the company. This smooth handover should see stock prices even out again, even though trends have been down slightly this quarter.

  • Fortress has reported a distribution per fortress B share will be about 179 cents per share, which will be a 5% growth increase in 2019 as compared to 2018.

  • Fortress has shown no sign of slowing down significant investment projects. This aggressive investment spirit promises even further growth for the projected future of the company.

  • Recent interest in South Africa from the UAE also promises to boost the entire South African economy, which will boost involvement and need for significant projects. An overhaul in South African presidency also provides positive trends, especially considering the new president is a driven businessman.

Fortress Major Shareholders

  • Sector

    Real Estate Investment

  • Industry

    Logistics, Retail

  • Sub industry

    Industrial, Office and Development

How to buy Fortress Group Shares

  • Fortress : How to buy Fortress Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Fortress Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Fortress and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Fortress Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Fortress.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)

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Frequently Asked Questions

 

Is Fortress REIT listed on the JSE?

Yes, Fortress REIT Limited – JSE: FFB

Can you buy Fortress REIT shares online?

The website of SA Shares makes it easy for you to buy JSE listed shares online.

Is Fortress REIT shares good to buy?

View the Fortress REIT Investor Tip here

When did Fortress REIT list on the JSE?

2009

When was Fortress REIT founded?

2009

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