Fortress REIT Limited (FFB.JO) JNB
2,360.00
-1(-0.04%)
Currency In ZAc
- General
- Statistics
- Historical Data
- Profile
- Financials
Fortress REIT Limited
Address
Block C, Cullinan Place
Morningside, 2196
South Africa
Phone
27 11 282 2800
Sector
Real Estate
Industry
REIT - Diversified
Employees
68
First IPO Date
October 22, 2009
Key Executives
| Name | Title | Pay | Year Born |
| Steven Brown | Chief Executive Officer, MD & Executive Director | 8.33M | 1980 |
| Sipho Majija | Head of Retail & Executive Director | 9.07M | 1979 |
| Ian David Vorster | Financial Director, Chief Financial Officer & Executive Director | 9.49M | 1981 |
| Ryan Eichstadt | Head of Investor Relations & Corporate Finance | 0 | N/A |
| Potgieter | Head of Sustainability | 0 | N/A |
| Bruce Collins | Head of Asset Management | 0 | N/A |
| Jason Cooper | Head of Property Development | 0 | N/A |
| Jodie Ellinor-Dreyer | Head of Corporate Social Investment & Transformation | 0 | N/A |
| Tamlyn Stevens | Company Secretary | 0 | N/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.
