Fortress Real Estate Investments Limited is a South African real estate investment company focused on the development and direct ownership of logistics and retail properties. The group holds logistics assets in South Africa and Central and Eastern Europe, alongside convenience and commuter-oriented retail centres in South Africa. It also maintains a substantial strategic equity stake in Central and Eastern European retail landlord NEPI Rockcastle.
Price
ZAR 25.04
12-month move
+7.5%
Trailing yield
6.96%
52-week range
21.67 – 26.89
Twelve months, month-end closes
Sept 25Range 22.1 to 26.18 ZARSept 26
Trading 65% of the way up its twelve-month range. Yield is below the 7.98% median for industrial & logistics in this region.