Fortress REIT Limited (FFA.JO) JNB

1,528.00

-7(-0.46%)

Updated at February 20, 2024 04:49PM

Currency In ZAc

Fortress REIT Limited

Address

Block C, Cullinan Place

Morningside, 2196

South Africa

Phone

27 11 282 2800

Sector

Real Estate

Industry

REIT - Diversified

Employees

N/A

First IPO Date

October 22, 2009

Key Executives

NameTitlePayYear Born
Steven BrownChief Executive Officer, MD & Executive Director9.24M1980
Sipho Vuso MajijaHead of Retail & Executive Director7.17M1979
Ian David VorsterFinancial Director, Chief Financial Officer & Executive Director7.68M1981
Bruce CollinsHead of Asset Management0N/A
Jason CooperHead of Property Development0N/A
Jodie Ellinor-DreyerHead of Corporate Social Investment & Transformation0N/A
Ryan EichstadtHead of Investor Relations & Corporate Finance0N/A
Tamlyn StevensCompany Secretary0N/A
PotgieterHead of Sustainability0N/A

Description

Fortress was listed on 22 October 2009 on the main board of the Johannesburg Stock Exchange Limited as a property loan stock company. It listed with an initial market capitalisation of R1.8 billion, making it the largest initial listing in the listed property sector. Fortress converted to a Real Estate Investment Trust REIT on 1 July 2013. Fortress is a hybrid fund, investing in both direct property as well as other listed property stocks and REITs. It focusses on the development of prime real estate logistics assets as well as investments into its retail portfolio. Currently Fortress portfolio includes industrial, logistics, office, retail and other properties.